jm MR Cover.indd 1 Cover.indd MR jm 4/30/14 3:50 PM 3:50 4/30/14 $12 201 E. Main St. Ste. 1402, Lexington KY 40507 PRST STD ELECTRONIC SERVICE REQUESTED U.S. POSTAGE

PAIDPermit #327

Lebanon Junction

KY 40150

Published by Published

Embracing The Future The Embracing

Louisville, – Kentucky Louisville, of Greater Louisville and Southern Indiana 2014 Indiana Southern and Louisville Greater of jm MR Cover.indd 2 4/30/14 3:50 PM John Hubbuch — LG&E Customer President/CEO Hubbuch & Co.

For decades, they’ve led by example in architecture and design. And now, energy efficiency.

Hubbuch & Co. used to replace 10 light bulbs a week at their store. That was before they made upgrades to their lighting, saving them energy and earning more than $2,000 from LG&E’s Commercial Rebate Program. For five generations, the Hubbuchs have led their industry with creative solutions. And that trend continues today. To see how your small business can apply for up to $50,000 in rebates per facility, visit lge-ku.com/rebate.

71959_LGE_SB_Hub_8_125x10_875c.indd2014 MRGL 1-14.indd 1 1 8/19/134/30/14 10:16 4:07 PMAM of Greater Louisville and Southern Indiana 2014

Louisville and Southern Indiana boast not only big business but ample waterfront and leisure areas for residents to enjoy.

Sports...... 63 Harrison Co., Ind...... 61 Table of Contents Demographics...... 64 Henry Co., Ky...... 61 People & Places...... 6 Jefferson Co., Ind...... 61 Kentucky Indiana Exchange...... 10 COUNTY DATA Larue Co., Ky...... 61 Greater Louisville Inc...... 11 Jefferson County, Ky...... 58 Marion Co., Ky...... 61 Louisville’s Healthcare Industry...... 12 Adair Co., Ky...... 60 Meade Co., Ky...... 61 Bourbon’s Popularity...... 16 Breckenridge Co., Ky...... 60 Nelson Co., Ky...... 62 UofL Research, Bullitt Co., Ky...... 60 Oldham Co., Ky...... 62 Technology & Innovation...... 20 Carroll Co., Ky...... 60 Scott Co., Ind...... 62 Made in Louisville...... 26 Clark Co., Ind...... 60 Shelby Co., Ky...... 62 Legal Services...... 28 Crawford Co., Ky...... 60 Spencer Co., Ky...... 62 Financial Services...... 33 Floyd Co., Ind...... 60 Taylor Co., Ky...... 62 Ford...... 36 Grayson Co., Ky...... 61 Trimble Co., Ky...... 62 Transportation...... 40 Green Co., Ky...... 61 Washington Co., Ind...... 62 Business Solutions...... 42 Hardin Co,. Ky...... 61 Washington Co., Ky...... 62 Headquarters...... 48 Arts & Culture...... 50 Published by Education...... 52 Utilities & Energy...... 54 On the Cover: A vibrant waterfront right next door to a thriving business sector makes Louisville Meetings, Conventions & Attractions...56 and Southern Indiana a desirable area.

Publisher Market Review Editor Editorial Director IT Services ED LANE ABBY LAUB MARK GREEN NETGAIN TECHNOLOGIES

Treasurer Marketing Consultants Creative Director Design JEROMIE KIRK KRISTINA DAHL JESSICA MERRIMAN STONE ADVISORY BILL MARSHALL Associate Publishers CHERYL AVIOLI Web Marketing & Publishing Printing, Output RICHARD J. KELLY CURTISS SMITH ABLE ENGINE & Pre-Press Services DONNA HODSDON PUBLISHERS PRINTING CO. Market Review of Greater Louisville and Southern Indiana is a community profile Data in Market Review of Greater Louisville and Southern Indiana have been published by Lane Communications Group, under an exclusive agreement with provided by many local, state and federal agencies, including the Kentucky Indiana the Kentucky Indiana Exchange. For information and advertising rates, contact Lane Exchange, Greater Louisville Inc., One Southern Indiana, the Kentucky Cabinet for Communications Group, 201 East Main Street, 14th Floor, Lexington, KY, 40507, Economic Development, the Indiana State Library, Indiana State Government and Voice: (859) 244-3500, Fax: (859) 244-3555, lanereport.com the U.S. Census Bureau. All data are believed to be accurate and current, but are not warranted by Lane Communications Group. © 2014 Lane Communications Group. All material in this publication is protected under applicable copyright laws. Reprinting or using any materials from the Market Review of Greater Louisville and Southern Indiana is prohibited without express written consent by the publisher.

2 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 1-14.indd 2 4/30/14 4:07 PM 2014 MRGL 1-14.indd 3 4/30/14 4:07 PM PEOPLE & PLACES

A region that has it all Louisville and Southern Indiana continue Above: Waterfront dining in Southern Indiana offer their climb on the cultural and business scale unparalleled river and city views of Louisville.

4 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 1-14.indd 4 4/30/14 4:07 PM Above: The Locust Grove 18th Century Market Fair is part of a series of year-long events at the historic Georgian mansion.

Opposite page: The KFC Yum! Center opened in 2010 and hosts numerous events a year and is situated on the Louisville waterfront.

Right: The Moonshine University’s Bourbon Enthusiast Class is a five-day class.

Above: The Center, a museum and cultural center built as a tribute to the champion The is boxer Muhammad Ali and his values, is located in pictured during Thunder Louisville, Kentucky’s “Museum Row” in the West Over Louisville, the nation’s Main District of downtown largest fireworks show.

The bridges spanning the scenic Ohio River, connecting Louisville to Southern Indiana, are set for a makeover with the massive Ohio River Bridges Project. The project will include two brand new bridges.

lanereport.com One Region, One Vision 5

2014 MRGL 1-14.indd 5 4/30/14 4:07 PM PEOPLE & PLACES

Above: The Kentucky Museum of Art and Craft is located on Museum Row on Main in Louisville.

Left: Waterfront Park has many features like fountains and is in the heart of .

Above: is a not- to-miss Louisville destination.

Left: The Louisville Bats play at their East Main Street stadium on the Louisville waterfront.

Right: Louisville is increasingly becoming known as a foodie destination, and Mayor launched an initiative in late 2013 to link food and bourbon. Marty Pearl photo

6 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 1-14.indd 6 4/30/14 4:07 PM Right: The Louisville Zoo exhibits more than 1,500 animals on 134 acres.

Left: Louisville has a unique ability to easily combine business with pleasure on the waterfront. Josh Kroll photo Louisville Sports Commission photo

Above: Louisville City Hall is a registered historic building, placed on the National Register of Historic Places in 1976. Completed in 1873 to house the Louisville city government, the structure is located at 601 West Jefferson Street in what became Downtown Louisville, the center of the city’s civic district. Above: The World Cyclocross Championship was held in Louisville in 2013, the first time the event ever was held outside of Europe.

Left: Louisville’s iconic Brown Hotel recently underwent a renovation for its 90th birthday.

2014 MRGL 1-14.indd 7 4/30/14 4:07 PM PEOPLE & PLACES Marty Pearl photo Left: The Kentucky Science Center, previously known as the Louisville Museum of Natural History & Science and then Louisville Science Center, is Kentucky’s largest hands-on science museum.

Above: The Museum is an American Thoroughbred horse racing museum located on the grounds of Churchill Downs.

Below: Each year the Louisville MEGA Cavern is transformed into an underground holiday light spectacular for the Christmas season, called Lights Under Louisville. Marty Pearln photo

Above: The Highlands neighborhood is an eclectic shopping, dining and entertainment district that includes primarily Bardstown Road.

Right: Queen of Rags, one of the many unique shops in the Highlands, is located on Bardstown Road.

8 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 1-14.indd 8 4/30/14 4:07 PM 2014 MRGL 1-14.indd 9 4/30/14 4:07 PM REGIONAL COOPERATION Region’s workforce commands respect WhereOpportunityKnox.com links transitioning veterans to Greater Louisville careers

HE Kentucky Indiana collaborative manner, the shared outcome While numerous employers Exchange (KIX) is can improve the region’s economic throughout the country have made the Ta bi-state regional prosperity. Having a trained and ready commitment to hire veterans, there is no leadership coalition made workforce is one of those common regional geographic region that has taken on this up of private and public challenges, but what makes our region challenge in a comprehensive manner. sector leaders. Established in unique is its connection to veteran talent. Our proximity to Fort Knox coupled the late ’90s as the Regional Beth Avey, That’s because in addition to nearby with the best practices of our corporate Leadership Coalition, KIX’s Executive national defense assets in Southern Indiana citizens makes the Greater Louisville mission is to cultivate Director (Crane, Camp Atterbury and Muscatatuck), Region uniquely suited to become a regional thinking and regional action the region is home to Fort Knox and the veteran talent magnet and leverage it to around shared opportunities and mutual U.S. Army’s program for transitioning our distinct competitive advantage. challenges. Governed by a board of directors soldiers. Each year upwards of 130,000 Summer 2014 marks the launch and three managing partners: One Southern soldiers exit the Army and they either of Where Opportunity Knox.com. Indiana, Greater Louisville Inc. and the virtually or physically transition through A KIX initiative, Where Opportunity Hardin County Chamber of Commerce, Fort Knox. That, coupled with more than Knox.com will partner with regional KIX represents a 26-county region of North 120,000 military veterans from all branches workforce organizations to work with Central Kentucky and Southern Indiana of service already living in Greater Louisville, transitioning veterans and ensure that that includes both the Louisville and gives this region an unmatched connection at least 10,000 accept opportunities in Elizabethtown Metropolitan Statistical Areas. to highly skilled and disciplined workers. the Greater Louisville region by 2017. From the Ohio River Bridges Project The region boasts corporate citizens who Regional employers, veterans and to tuition reciprocity, KIX recognizes that have established best practices in recruiting military spouses are encouraged to visit there are issues common to the entire veterans and their spouses that can be whereopportunityknox.com and join region and if addressed in an integrated, modeled for the region. the initiative. l

Lane. FasterLane.

Subscribe to the Faster Lane, an online newsletter from The Lane Report featuring important business and economic news from across Kentucky, and receive the most current industry news right in your inbox three or more times a week. Sign up today at lanereport.com.

WHERE THE NEWS IS MADE BY THE READERS.

[email protected]

2014 MRGL 1-14.indd 10 4/30/14 4:07 PM HB-00000-FasterLaneAds.indd 6 5/31/13 1:43 PM GREATER LOUISVILLE INC. “Advantage Louisville” Embraces The Future Chair Kerry Stemler updates Greater Louisville Inc.’s success boosting regional economy

OUISVILLE is a city that celebrates nearly 20,000 jobs ideas, innovations and achievement. per year, but has also LAs we review all of the exciting helped to introduce developments conceived, continued such innovations as a or completed this past year, it is fair patented prescription to say we are fully focused on an even drug security and brighter future as evidenced by some of safety device marketed the forward looking headlines we have as “PillGuard” and already garnered. personalized genetic Forbes magazine, diagnostic testing which last year ranked services developed at Louisville as the second PGXL laboratories. fastest growing city in 2013 heralded advanced manufacturing, Louisville’s first this year has already listed Innovation Summit, Kerry Stemler, Louisville as one of the top which convened Chair 20 markets with economic healthcare leaders momentum going into and innovators from 2014. Fortune magazine has listed throughout the Louisville as one of the 2014 “Breakout country to identify Towns” to watch, describing Louisville as ways to address one of the next “Brooklyns” because of some of our greatest its “thriving indie music scene and food aging-care challenges. trucks galore.” Plus, with a 16.2 percent Louisville’s leadership increase in the number of educated in the area of efficient residents, Forbes magazine recently and effective aging ranked Louisville fifth for the cities care positions it well, as more than 77 at Work gaining the most college graduates. million baby boomers are poised to enter programs that This momentum doesn’t just happen. In the category. have helped to 2013, GLI’s economic development team Louisville’s Advanced Manufacturing raise our talent directly assisted 69 companies in locating sector continues to be bolstered by pool’s degree new operations or expanding existing ones expansions, reshoring and innovations attainment in the region. These projects have created led by the advances at the two Ford levels to historic highs. 3,684 new jobs at an average salary of plants and GE’s Appliance Park. With the full understanding that metros $47,543 and generated more than $551 Targeted industry accelerator programs with a clear plan and powerful message million in new capital investment. at the Distilled Spirits Epicenter and will be better positioned to shape and These statistics are the direct result through the Vogt Awards are providing anticipate future growth opportunities, GLI of a regional economic growth strategy entrepreneurs the resources needed to has committed to take regional economic that targets our strengths toward critical develop new technology and start new development efforts to the next level with economic sectors producing strong job businesses. And research being done at the research and development of a forward growth and higher wages to help drive the is leading the thinking regional strategy for the future. economic prosperity across all of the way in fields like additive manufacturing “Advantage Louisville” will focus on region’s demographics. and micro-nano technology. core approaches of connecting assets in Our Food & Beverage Innovation A convergence of natural and man- the region, accelerating momentum and sector boasts one of the biggest business made assets has defined Louisville as value, and innovating new solutions boons in the country. Bourbon makers a 21st Century logistics powerhouse. to challenges Greater Louisville from all over the world are investing UPS’s WorldPort expansion has led to a faces, while speaking directly to the nearly $200 million in current capital network of more than 150 companies advantages that the Greater Louisville projects in Louisville, including new and that make up Louisville’s unprecedented region already possesses. expanding warehouses, distilleries and Logistics & Distribution sector. In short, “Advantage Louisville” will tourist attractions. Bourbon production Greater Louisville is also a region push the region into a more competitive itself has increased by 50 percent in the that fully recognizes the need to be good position, accelerating its slow and last few years, supporting 10,000 jobs stewards of its economic community assets steady growth and advancing successful and a $442 million payroll annually. and proactive in determining economic initiatives already in place. It’s a fitting Louisville’s Lifelong Wellness & destiny. That’s why we are proud of our path for a region that has thrived on a Aging Care sector not only generates aggressive 55,000 Degrees and Degrees rich history of embracing the future. l

lanereport.com One Region, One Vision 11

2014 MRGL 1-14.indd 11 4/30/14 4:07 PM HEALTHCARE

Louisville’s vibrant healthcare sector, including the Jewish Hospital & St. Mary’s HealthCare complex (pictured above), is a booming business that is seeing change and diversification in the midst of Affordable Care Act changes. Jewish Hospital and St. Mary’s Healthcare are now part of the KentuckyOne Health statewide provider system. Serving a growing healthcare demand Options swell with the rise of medical licensure portability, retail healthcare, holistic solutions

BY DAWN MARIE YANKEELOV is creating activities across the board among those seeking reciprocal licensure HILE traditional hospitals, recognitions, says Rick Masters, an physician practices and attorney with Masters, Mullins and Winsurance providers continue Arrington in Louisville. He travels scrambling to understand federal extensively to support these efforts healthcare reform, other solutions for and recently met with the executive medical care are on the rise because of committee of the Nurse Licensure this shift. As these alternatives develop, Compact Administrators, one of the Kentucky and Louisville are leading groups he represents. Each of NLCA’s 24 efforts in licensure portability, retail participating states is represented by the healthcare models, and holistic solutions CEO of its Board of Nursing. to health and wellness. “Any diagnosis (made) electronically and interstate underscores the importance Licensure portability of these portability issues. There are 100 With interest in telemedicine use rising medically underserved areas in Kentucky, even before the advent of the Affordable as identified by HRSA – 127 known Care Act, a number of health professional health professionals for these areas is licensure groups are seeking to defined as not enough. In Kentucky, we legislatively facilitate licensure portability, can solve this problem with multistate including APRNs, MDs, PTs, EMTs and licensure,” Masters said. “Kentucky has psychologists. already participated in this for RNs.” The ACA is drawing additional new Nurse practitioners are not included ResCare, headquartered in Louisville, is the nation’s largest private provider of services to patients into the existing healthcare in multistate licensure currently, nor people with disabilities; the largest one-stop systems, and this is anticipated to are APRNs. workforce contractor and the largest privately- cause some lack of access to care due “There has been a fear that through owned home care company. to too few providers. It definitively licensure portability jobs will disappear,

12 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 1-14.indd 12 4/30/14 4:08 PM but the concept is not new and there is improve access,” said Crady deGolian, Kentucky’s Board of Licensure had no empirical evidence that shows this will director of CSG’s National Center for taken no definite position to date, said happen,” he said. In fact, there is growing Interstate Compacts. its vice president, Randel C. Gibson, support at the trade association level for Beyond physician activity, deGolian DO, of Mayfield, but that was set to most healthcare professionals. said the EMT legislation is the change sometime in Spring 2014 after There are approximately 200 interstate furthest along and there will be draft the national Federation of State Medical compacts, most not in healthcare, since legislation in 2015. Physical therapists Boards met and conducted discussions. the U.S. Constitution was ratified some will actively engage in earnest in the A bipartisan group of 16 U.S. 225 years ago. summer of 2014, with Kentucky’s state senators (none from Kentucky) publicly One reason Kentucky is active in board involved in the process. On the commended the FSMB and state licensure portability initiatives as that it horizon is telepsychology compact medical boards for their recent efforts has been the home since the 1970s of the activity toward using online tools more to streamline licensing processes for national Council of State Governments, effectively for patients. physicians who wish to practice in located near the Kentucky Horse Park. That In Kentucky, the impact of licensure multiple states – helping facilitate the use organization has acted as the catalyst for portability could be substantial as there of telemedicine and increasing access to education regarding regulations and is in a are 4,600 primary care physicians and care throughout the United States. facilitator role regarding licensure portability. another 5,500 specialists. “Compacts “I personally think we need to “Licensure portability is a creative provide economies of scale and generally develop increased licensure portability, and innovative way for states to play in will benefit hospitals and corporations,” especially if we can establish a national this process, while also finding ways to Masters said. KASPER-type system,” Gibson said, referencing the Kentucky All Schedule Prescription Electronic Reporting system. “We border seven states, and this would be a whole lot better.”

Retail healthcare expands Legitimate need for patient care, Master said, has also given rise to the concept of retail healthcare such as Kroger’s Little Clinics, CVS’ Minute Clinics, Walgreens’ Healthcare Clinics and even a dental healthcare concept, the SUPERTEETH prototype in Detroit successfully operating for the last decade. The Little Clinic concept began in 2003 with a first location in Louisville, Ky. In 2010, the company was purchased by The Kroger Co. The Little Clinic now operates 114 sites in select Kroger, Fry’s, and King Soopers stores in Ohio, Kentucky, Tennessee, Arizona, Georgia and Colorado. The founder of the retail dental concept, Geoffrey Rappaport – also the founder of SUPERCUTS hair salons – says he is looking closely at Kentucky to determine if a rollout of a retail dental outlet is warranted here. His format emphasizes an on-demand dental industry model offering a retail healthcare experience with convenience for the consumer, quality service, affordability and no appointments.

Holistic and organic solutions apparent in state commerce Other examples of growth in holistic and organic approaches to health and wellness can be found in the development of various new Kentucky- based businesses, such as CEO Terry Minton’s Solidagex, and University of Louisville’s Dr. Hong Ye’s Earthblends herbal relief patch.

lanereport.com One Region, One Vision 13

2014 MRGL 1-14.indd 13 4/30/14 4:08 PM HEALTHCARE

KENTUCKYONE HEALTH 225 Abraham Flexner Way Louisville, KY 40202 KentuckyOneHealth.org

KentuckyOne Health was formed when two major Kentucky health care organizations came together in 2012. It combines the Jewish and Catholic heritages of the two former systems – Jewish Hospital & St. Ruth Brinkley, Mary’s HealthCare and Saint CEO, Joseph Health System. In KentuckyOne late 2012, the organization Health formed a partnership with the University of Louisville Hospital | James Graham Brown Cancer Center. The nonprofit system is committed to improving the health of Kentuckians by integrating medical research, education, technology and health care services wherever patients receive care. KentuckyOne Health has more than 200 locations including hospitals, physician groups, clinics, primary care centers, specialty institutes and home health agencies across Kentucky and southern Indiana. It is the largest health system in Kentucky.

Norton Hospital in downtown Louisville is one inflammation in the back, neck or limbs. food additive for animal and human of five major hospitals in the Norton Healthcare Patch use results show it begins working consumption, Minton said. system. within an hour and can remain safely on Dr. Hong Ye has combined her the body location delivering relief for up career knowledge as a toxicologist and to two days. researcher at the James Graham Brown The Earthblends patch is for sufferers Solidagex produces proprietary Cancer Center in Louisville with her from temporary acute or chronic refined extracts from native Kentucky family’s history as herbalists in China to discomfort throughout the body due to goldenrod plants for use as bioactive create the Earthblends patch sold over inflammation related with muscle strain, ingredients in the nutrition and ag-bio the counter at Rainbow Blossom locations bursitis, arthritis, bruising or localized industries. Solidagex’ products are the in Kentuckiana, as well as a number result of Naprogenix’ patented natural of pharmacies, including St. Matthews plant genomics technologies. Goldenrod Pharmacy and Louisville Pharmacy or is a natural anti-oxidant and safe as a online at earth-blends.com. l NORTON HEALTHCARE P.O. Box 35070 Louisville, KY 40232-5070 (502) 629-1234

Norton Healthcare is a leader in serving adult and pediatric patients throughout Greater Louisville, Southern Indiana, the commonwealth of Kentucky and beyond. The hospital and health care system is the Louisville Stephen A. area’s third largest private Williams employer, and includes CEO five Louisville hospitals Norton with 1,837 licensed beds; Healthcare seven outpatient centers; 12 Norton Immediate Care Centers; nearly 12,000 employees; some 654 employed medical providers; and approximately 2,000 total physicians on its medical staff.

Floyd Memorial Hospital is located in New Albany, Ind., and employs more than 2,000 associates.

14 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 1-14.indd 14 4/30/14 4:08 PM 2014 MRGL 15-32.indd 15 4/30/14 4:09 PM BOURBON Recipe for revival Bourbon is back, and Louisville is ready to make the most of it

BY KEVIN GIBSON Whiskey Row is situated in the heart of HEN Welsh immigrant Evan downtown Louisville. Williams set up his first Wdistillery in Louisville north of what is now Main Street in downtown Louisville, he never could have imagined the love affair the city – and the entire state of Kentucky – would have with bourbon whiskey over the next 200-plus years. Then again, maybe he could; Williams was a man who loved his town as much as he loved his whiskey. The recently opened Evan Williams Experience in downtown Louisville is quick to illustrate this fact in its unique attraction that sits just south of where that first still began operating shortly after Louisville was founded. The tour begins with a video re- enactment of Williams’ early years being involved with city operations as part of its Board of Trustees and his appointment as harbor master, controlling the water traffic that came through and stopped at

Louisville’s port. Brian Bohannon photo The tour follows his distilling legacy, as well as Louisville’s bourbon heritage So the $10.5 million Evan Williams The bureau has been utilizing through the generations by way of a full-on, Experience represents the cusp of change, the state’s bourbon attractions in its walk-through experience that includes a a return to whiskey prominence for marketing since 2006. The Marriott simulation of Williams’ still and takes visitors Kentucky’s largest city. It signals a resurgence Downtown added Charr’d Bourbon up through the heyday of Whiskey Row, of the once-thriving Whiskey Row in Kitchen and Lounge two years ago, through Prohibition and into the present. Louisville’s downtown, which featured and Louisville’s Urban Bourbon Trail of The Evan Williams Experience is quite dozens of distilleries up until the 1920s. drink establishments continues to add a monument – and it is a worthy testament Whiskey is back, and Louisville’s city destinations with at least 50 bourbons to the resurgence of bourbon as part of officials and tourism representatives are set available (some have as many as 170). Louisville’s economy. The push to revive to make the most of it. And this was all in place before Whiskey Row is moving forward, full “Typically, when someone comes distilling returned to downtown. throttle, and Louisville is eager to begin to Louisville they don’t know what to When he took office in 2011, reaping the rewards on a big level. Michter’s expect,” said Stacey Yates, vice president Louisville Mayor Greg Fischer was quick is building a $10.9 million distilling and of marketing communications for the to see opportunity. Recently he organized bottling facility in Shively, and is restoring Louisville Convention and Visitors Bureau, the Bourbon and Food Work Group, the Fort Nelson building downtown at 801 whose job is helping to sell the city to comprising 34 tourism, dining, bourbon W. Main St. into a distilling and tourism convention planners. And what happens and hospitality officials – from Brown- center. Angel’s Envy is planning a distillery when a convention planner arrives to tour Forman distiller Chris Morris to whiskey and bottling operation in the Vermont the city and assess its amenities? historian and author Mike Veach to Yates American Complex on East Main. and others – to head up an initiative to It’s no shock to anyone that bourbon Bourbon-centric events help Louisville’s up-and-coming bourbon offers a huge economic boost to Kentucky; 365 days a year and dining scene thrive. the state is synonymous with the bourbon “They are overwhelmed. They fall in One key initiative in the mayor’s industry much the same way Napa is love with the city. They decide they can plan is to develop a downtown bourbon synonymous with wine and Milwaukee fit here,” Yates said. “And it’s affordable, center where visitors and locals alike is synonymous with beer. But Louisville so they can book it. … Our culinary can go to learn about bourbon, then get had, in many ways, been left behind in and bourbon segment is giving it on a guided bus tour of the Kentucky favor of Frankfort, Bardstown, Loretto and added appeal. What we think of as Bourbon Trail, an eight-point (for now) other smaller towns in Kentucky where more of a leisure product actually destination to distilleries within an hour distilleries have taken root. helps entice visitors.” and a half of the city.

16 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 15-32.indd 16 4/30/14 4:09 PM “Louisville has a renowned food and bourbon culture – and we are about to The Bourbon Effect take it to an even higher proof,” Fischer said at the press conference announcing in Louisville the initiative. n Bourbon generates 4,200 jobs with That was in early December 2013; the $263 million payroll every year in work group is set to re-convene this month Louisville. to present its recommendations. Chris n Louisville distilling generates $31.6 Poynter, communications director for the million in tax revenue every year, mayor’s office, didn’t offer any specifics as including property, barrel, payroll, sales and to what Louisvillians should expect but said corporate income taxes. he expects a large number of wide-ranging n Tax payments on aging bourbon barrels recommendations from the team. have increased by 128 percent over the “We want to be a culture where every last five years. night of the year there is something n More than $50 million in capital bourbon-related to do, something projects are now under way or recently happening around bourbon and food,” completed in Jefferson County as part of Poynter said. “It could be a bourbon the Whiskey Row revival. tasting, or it could be a dinner at one of Copper & n Jefferson County could realize more Kings is a our great local restaurants.” than $2.5 million in spending from new brandy While such events sound local and Bourbon tourism. distillery in leisurely, they are intended for a wider Louisville. audience than one might think. As an Source: Kentucky Distillers Association example, Lilly’s Bistro, a restaurant in the city’s Highlands neighborhood, held a Pappy “It is a true challenge for any major year, and bourbon tourism is credited for Van Winkle bourbon tasting and dinner last city to have several distilleries in one as much as another $2.5 million annually. November that drew a clamorous response, place,” Minnick said. “What he has What will those numbers look like in a quickly selling out and drawing people not done in his term in terms of helping year? Two years? Five? just from around the state but the region and these distilleries and working with the Meanwhile, tourism is a $1.4 billion even the country, according to Poynter. restaurants and visitors bureau is nothing industry for Louisville and supports more short of commendable.” than 22,000 jobs. The mayor, as well Political vision to Fischer also saw what Louisville has been as the Convention and Visitors’ Bureau, create a destination missing. A recent economic impact study understands the important connection Bourbon expert Fred Minnick, who by the Kentucky Distillers Association between bourbon, dining, hospitality serves as the Kentucky Derby Museum’s says it all: Bourbon is responsible for 4,600 space, convention space and the almighty “Bourbon Authority,” applauds what is jobs in Louisville with a payroll of $263 tourism dollar. happening in Louisville. He cited the million. And that’s before the coming influx Louisville was, in December, ranked the political barriers that provide a challenge of distillery attractions and other bourbon- No. 1 U.S. travel destination for 2014 by to government leaders when it comes to related businesses. Lonely Planet, the world’s biggest guidebook distilleries – they are both highly taxed Distilling in Louisville generates more publisher, which wrote in part: “Louisville and highly regulated. than $31 million in tax revenue every has asserted itself as a lively, offbeat cultural mecca on the Ohio River. New Louisville, also known as the East Market District or NuLu, features converted warehouses used as local breweries, antique shops and the city’s coolest restaurants. On Bardstown Road in the Highlands you’ll find a hipster strip of shops and bars, not to mention many ‘Keep Louisville Weird’ stickers. Bourbon reigns in Louisville. This is the traditional jump- off for the Bourbon Trail; with bourbon’s current wave of popularity, new upstart microdistilleries, including some in and around Louisville like the small-batch Angel’s Envy, are giving the old names in bourbon a run for their money.” As such, Yates routinely promotes the city with bourbon- and dining-centric promotional campaigns. One campaign bills Louisville as “The Culinary Capital of Bourbon Country;” an ad in Saveur

Brian Bohannon photo magazine says, “We didn’t invent New The Evan Williams Bourbon Experience includes tastings. Southern cuisine. We just added bourbon.”

lanereport.com One Region, One Vision 17

2014 MRGL 15-32.indd 17 4/30/14 4:09 PM BOURBON

More than just bourbon ISTILLING encompasses more than just bourbon whiskey – even in Kentucky. DPart of this meteoric rise in Louisville’s distilling scene involves other spirits. Copper & Kings, a brandy distillery, opened in early April near downtown at 111 East Washington Street. It is Louisville’s first and only brandy distillery. Taking the position that there is plenty of bourbon being distilled already, co-owners Joe and Lesley Heron – the couple who developed

Crispin Cider and sold it to MillerCoors – Brian Bohannon photo plan to find a niche in the Louisville distilling The Evan Williams Bourbon Experience offers visitors a close-up view of the distilling process. marketplace and do for apples and grapes what bourbon distillers do for corn, wheat and rye: turn them into delicious spirits. Another campaign is the Hot Brown can get the expansion we’re projecting, The Copper & King distillery will have a rooftop tasting room and deck with a view of Hop, a “tour” of 35 restaurants around another 25- to 30,000 s.f., we’ll be able downtown on the three-story structure, with an Louisville that feature a version of the to solicit 25 percent more business that art gallery set for the second floor, space for private signature Louisville dish that sort of mimics the city has never been able to entertain parties, an outdoor courtyard, and there even will Urban Bourbon Trail be a pig roaster and a “conversation pit.” Louisville’s 27-bar . that would only meet at a downtown The brandy will be aged primarily in Something is clearly working. Liquor convention center.” bourbon barrels, so the flavor and texture giant Diageo is about to invest an initial One thing feeds another. should seem quite familiar to bourbon lovers. $2 million restoring the historic Stitzel- Convention planners want to know But Joe Herron said Copper & Kings will use cognac barrels, sherry barrels and even barrels Weller Distillery in Shively to create a there is plenty to do near the convention imported from Serbia. visitor center that will feature Stitzel- center, so more bourbon attractions and Weller artifacts, a whiskey education dining feed that ability to bring those section, and feature Bulleit brand and events. With the convention traffic comes other bourbons. the need for more dining and attractions, Meanwhile, media reports suggest as well as the economic boost to make Louisville-based Fortune 500 member those things happen. Brown-Forman is looking at a downtown Best of all, when it was decided to begin distillery attraction on East Main Street. touting Louisville as the gateway to Bourbon Poynter confirmed that at least two Country, it was a leap of faith based on the distilleries are eyeballing downtown for fact that bourbon is authentic to Kentucky such attractions, but he said it was too and Louisville. It’s real. Derby City Shine moonshine flavors will include preliminary to name them. “I have talked to my counterparts in spicy apple cider, lemonade and peach mango. Cincinnati and Indianapolis,” Yates said, “There’s enough traditional whiskey everywhere Other cities are envious “and they have told me they are very in the world,” Joe Heron explained, regarding why So, it’s no coincidence that NuLu is envious of this bourbon thing. And they he and his wife chose brandy. In addition, he said, “We don’t see ourselves as a consumer product, we exploding with new restaurants, or that are envious of our culinary scene as well. see ourselves as a lifestyle experience.” Main Street is suddenly bursting at the … We’ve got some things that are very This is part of the strategy – to be a unique seams with new dining options. And it’s authentically Kentucky and Louisville. attraction and vibrant part of the community, even no surprise that there are at least four Visitors want to have something that is offering bike racks on site to encourage Louisvillians to stop by during their riverfront rides. hotel projects in the works downtown, uniquely authentic to the area.” In addition, a new moonshine distillery called including a 600-room luxury hotel by When the distilleries, bars and Derby City Shine will open later this year at 436 Omni Hotels & Resorts near Louisville’s restaurants came on board, it created Baxter Avenue, between downtown and the convention center. perfect storm of sorts that led to the Highlands in the former spot of a night club called Flip Flop Jack’s. In addition, there are plans in the works ever-growing Urban Bourbon Trail. The Derby City Shine will distill its version of to expand the 300,000-s.f. Kentucky ever rising popularity of bourbon outside moonshine with a smoother flavor than regular International Convention Center Kentucky is only adding to this storm. corn whiskey provides; one small batch offering downtown to make room for bigger “What Napa Valley is to food and will be made from pure cane sugar. The distillery will also house a moonshine museum that traces gatherings. That effort isn’t a guarantee yet, wine, I want Louisville to be to food moonshine’s history from backwoods production but the addition of hotel space, dining and and bourbon,” Fischer said at his press through Prohibition. There will be meeting and attractions will drive it forward. conference back in December. It looks event space, a “speakeasy lounge,” a custom still with an overlook deck so visitors can watch “We are currently working feverishly like he’s about to get his wish. moonshine being distilled and a retail store. to get the convention center expanded “He saw the vision of what Louisville “We really want to be a tourist attraction, and renovated,” Karen Williams, could be and what Louisville used to museum and a place where you can sample president and CEO of the CVB, said. “If be and said, ‘This could be the future,’ ” moonshine without having to buy it off a shelf or at a bar,” co-founder Jay Blevins said. that happens, we’ll be able to retain some Minnick said. “If bourbon fails to succeed of the business that has outgrown it. If we in Louisville, it fails to succeed, period.

18 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 15-32.indd 18 4/30/14 4:09 PM Louisville is an extremely, extremely important epicenter.” A brewing hub Further success is clearly expected. “I think in another year or two you’re S recently as 2012, Kentucky ranked near the bottom of U.S. states in terms of the number of breweries per capita. A study by the Brewers going to see something like a mini bourbon AAssociation shows Kentucky had only 14 at that time, ranking them trail between Main and Market streets,” 43rd in the country. Poynter said. “If you’re a visitor, you’ll be By comparison, California had 316 breweries. That’s a far cry from the late able to stay in downtown hotels and walk 1800s and early 1900s when Louisville was in competition with brewing cities like St. Louis and Milwaukee, and when it was regarded as the top brewing Apocalypse Brew to bourbon attractions. We’ve got people city in the south. Works sells investing millions of dollars in the bourbon But there’s plenty brewing in Kentucky in 2014 – the number of breweries and growlers of local breweries waiting to open in the state has nearly doubled, according to the Brewers industry. That’s only going to grow.” favorites like Distiller and former city father Evan Association – and Louisville is leading that charge, helping establish the state as being about more than just bourbon. And much like bourbon, beer goes hand in Fallout Dust. Williams would be proud. hand with food. When a visitor comes to Louisville, they now have plenty of pairing opportunities. “It’s almost impossible to go in a restaurant and not find a local Louisville ATTRACTIONS & DISTILLERIES beer on tap anymore,” John King, executive director of the Kentucky Guild of Brewers. “And although not all breweries have a restaurant component, those who do not have a strong food truck presence.” Barton 1792 Distillery A classic example is Apocalypse Brew Works, a small brewery nestled Bardstown – 1792bourbon.com near the city’s Butchertown neighborhood that opens only two days a Bourbon Classic week, selling growlers and pints of local favorites such as Fallout Dust (a Louisville – bourbonclassic.com peppery pale ale). Early Times There are plenty of breweries that have full-service dining. Bluegrass Louisville – earlytimes.com Brewing Company has been brewing in Louisville since the early 1990s and now has four locations. The much-talked-about Against the Grain has a brewery Four Roses (warehouse/bottling facility) and smokehouse at Slugger Field downtown with a brewing team churning out category-based beers Cox’s Creek – fourroses.us that are always changing. Cumberland Brews, in operation since 2001 in Louisville’s Highlands Heaven Hill Distilleries Inc. neighborhood, has a full menu and offers up beer brewed on premise. Bardstown – heaven-hill.com And more are on the way. Great Flood Brewing opened in April just a few blocks from Heaven Hill Distilleries Cumberland in the Highlands neighborhood, and later this summer the city will see the opening of Bourbon Heritage Center Beer Engine in the Germantown neighborhood. Bardstown – bourbonheritagecenter.com “This is common for big cities to have many breweries,” King said. “The industry in general is growing, and Louisville is one of those cities.” Jim Beam Brands Co./ Louisville’s focus on bourbon could be an unintended deterrent to such an organized effort, but Jim Beam American Stillhouse King believes Louisville is already a beer destination, boasting not only a number of well-regarded Clermont – jimbeam.com breweries, but also a number of beer bars and stores –Sergio’s World Beers in Butchertown was in Kentucky Bourbon Festival Draft Magazine’s list of America’s Top 100 Beer Bars recently – that only further define the beer scene. Bardstown – kybourbonfestival.com Kentucky Bourbon Trail URBAN BOURBON TRAIL STOPS The Brown Hotel Lobby Bar bourbontrail.com (All in Louisville) 335 W. Broadway brownhotel.com Limestone Branch Distillery Asiatique Buck’s Lebanon – limestonebranch.com 1767 Bardstown Road asiatiquerestaurant.com 425 W. Ormsby buckslou.com Maker’s Mark Distillery Inc. Avalon Corbett’s: An American Place Loretto – makersmark.com 1314 Bardstown Road avalonfresh.com 5050 Norton Healthcare Blvd. Michter’s Distillery LLC The Bar at BLU Corbettsrestaurant.com Louisville – michters.com 280 W. Jefferson St. blugrille.com Derby Café: at the Old Forester Baxter Station Bar & Grill Kentucky Derby Museum Louisville – oldforester.com 1201 Payne St. baxterstation.com 704 Central Ave. derbycafe.com Urban Bourbon Trail Bourbons Bistro Dish on Market Louisville – bourboncountry.com/urban-bourbon 2255 Frankfort Ave. baxterstation.com 434 W. Market St. dishonmarket.com Whiskey Row Bristol Bar & Grille Doc Crows Southern Louisville 614 W. Main St. bristolbarandgrille.com Smokehouse & Raw Bar 127 W. Main St. doccrows.com Equus & Jack’s Lounge 122 Sears Ave. equusrestaurant.com A big money food hub Jockey Silks Bourbon Bar 140 N. 4th St. galthouse.com N addition to its standing in the spirits world, Louisville also is a highly reputable foodie town. So much so, that in 2013 Lonely Planet ranked the city No. 1 as a United States travel destination. Limestone INoted for its bourbon, local breweries and amazing restaurants and the Urban Bourbon Trail, 10001 Forest Green Blvd. Louisville is a hospitality hot spot, and some major companies in the business also call it home. limestonerestaurant.com These companies include: Texas Roadhouse, Papa John’s, Yum! Brands (KFC, Pizza Hut, Taco Maker’s Mark Bourbon House & Lounge Bell, Long John Silver’s, A&W Restaurants), Brown-Forman Corporation and a multitude of Urban 446 S. 4th St. makerslounge.com Bourbon Trail members and local breweries. The Old Seelbach Bar According to Greater Louisville Inc., More than 120 food and beverage companies are located 500 S. 4th St. seelbachhilton.com in this region, collectively employing well over 10,000 individuals and accounting for $8.2 billion in annual revenue. The largest member of this industry cluster is the Brown-Forman Corporation. Proof On Main Headquartered in Louisville, Brown-Forman is among the top ten spirits companies in the world. 702 W. Main St. proofonmain.com Yum! Brands represent the world’s largest restaurant company with revenues of nearly $11 billion. Ramsi’s Café on the World The region’s food strength also lies in the diversity of products produced in the area, from tomato 1293 Bardstown Road ramsiscafe.com sauce to tortillas, peanut butter, pork and baked goods — thanks in part to the fact that Louisville is Village Anchor located within 500 miles of nearly half of the U.S. population and state and local incentives encourage 11507 Park Road villageanchor.com l the industry.

lanereport.com One Region, One Vision 19

2014 MRGL 15-32.indd 19 4/30/14 4:09 PM RESEARCH, TECHNOLOGY & INNOVATION Deep impact UofL working with government and business to reshape Kentucky’s economy

BY JAMES R. RAMSEY on investment of millions of PRESIDENT, dollars, to be invested back into UNIVERSITY OF LOUISVILLE the university in the form of student scholarships, grants to HEN one looks across the researchers and much needed country in search of the infrastructure improvements – Wmost vibrant, economically in other words, it will produce sound and culturally rich communities, knowledge, discoveries and jobs. a common element is found – a major The Foundation’s new research university. Louisville is no properties at Nucleus exception. The University of Louisville Innovation Park and is a change agent, the catalyst for ShelbyHurst Research & innovation and economic strength in Office Park are already Louisville and in the region – from attracting new businesses to infrastructure improvements to educating the area, providing steady and graduating the revenue back to the university. See how UofL’s next generation of public-private The proposed leading-edge Kentucky taxpayers. partnerships Belknap Engineering and And while are impacting Applied Sciences Park is UofL and General Electric are collaborating on our role as an the regional poised to play a part in a $320 million several research and development projects as well economy on educational and as offering graduate engineering students on-site page 22. digital manufacturing initiative recently classes and training at Appliance Park. civic leader has announced by President Obama. remained the same, the economics UofL’s partnerships with government Our commitment to sound financial of higher education have changed and private industry are also producing planning can be reflected in what we dramatically. Repeated budget cuts economic benefits. The state’s investment give back to the state. A recent economic from government funding sources and in the university’s “Bucks for Brains” report shows that for every taxpayer dollar a sluggish economy have forced us to program has attracted nearly $400 invested in the University of Louisville, employ new ways to generate additional million in matching funds for UofL to more than three dollars are reinvested sources of revenue, cut costs and keep hire world-class faculty and researchers in the state economy. In 2013, UofL had UofL on its amazing upward trajectory to develop life-changing innovations and a $1.7 billion impact on the state, was in academics and research. The UofL applications. And our unique Metropolitan a catalyst in the creation of more than Foundation has been at the center of this College partnership with United Parcel 20,000 jobs and generated nearly $133 economic renaissance. Service made it possible for thousands of million in state and local taxes. Financial investment in property, students to earn a free college education We are proud of the role we play infrastructure and cutting edge, faculty-led and stipend, while keeping UPS a strong, for our region – as an incubator for research companies will result in a return competitive regional partner. intellectual change and economic growth. UofL plays major role in White House initiative ofL’s success in fostering This new facility would not only collaborative partnerships with provide regional manufacturers access to Ugovernment and private sector technologies needed to be competitive in a companies continues to gain national changing global marketplace, but provide co- attention, most notably with the university’s op and research opportunities for students. inclusion in the Digital Manufacturing The ultimate goal – create high-paying and Design Innovation Institute, recently jobs and generate millions in additional tax announced by President Obama. revenue for state and local government. UofL’s engineering sector will play a Being included in such a prominent major role in a consortium of Midwestern Lt. Gov. Jerry Abramson and consortium is a major accomplishment, universities and companies tasked with UofL President James Ramsey but it did not happen overnight. Careful making American manufacturing more planning and dedication to implementing competitive by engineering processes that considered a main reason for inclusion in innovative economic strategies have reduce cost and improve efficiency. the $320 million initiative and is expected made the university attractive to outside The university’s reputation for to bolster the efforts to develop the Belknap investment, while increasing the economic successful public-private partnership is Applied Science and Engineering Park. vitality of the region.

20 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 15-32.indd 20 4/30/14 4:09 PM UofL is a driving force for discoveries and jobs

In just the last decade the The creation of Metropolitan University of Louisville has College spurred UPS to solidified its eputationr as a invest $4B in capital catalyst of economic growth construction, preventing by investing more than $1.7b the loss of 20,000 jobs and $1.6 billion on campus and UofL’s total economic impact on the $1.2B in annual economic throughout the community Commonwealth of Kentucky for Fiscal impact by providing UPS – including more than $390 Year 2012-13 about 1 percent of the with a reliable workforce million in exciting new projects state’s GDP. (1) needed to staff UPS currently in development. Worldport. (3)

JOBS ADDITIONAL RESEARCH FUNDING UofL is responsible for direct and indirect creation of more than 20,000 jobs across Kentucky. (1) $391m UofL’s reputation as a world class research university has attracted more than $391 million 20,714 in non-state extramural funding since 1999. (2)

MANUFACTURING FACT TAX BENEFIT UofL will play a major role in developing President Obama’s $320 million $132.9M digital manufacturing initiative, designed to $27.3m improve efficiencies and reduce costs through In 2013, UofL generated $132.9 million in state and local leading-edge manufacturing taxes, including $27.3 million to Jefferson County. (1) research.

CURRENT PROJECTS STATE INVESTMENT 10 current and new construction projects proposed for the Belknap campus near downtown would create an estimated 5,211 jobs for the local $1.00 economy. (1) $3.05

For every dollar invested to UofL by the state, $27.3M it generates $3.05 for the state’s economy. (1)

Qualifiers: (1) 2012-13 UofL Economic Impact Report by report by Meench & Shanker, LLC (2) The Economic Impact of the University of Louisville: From 2003 to 2011 by Meench & Shanker, LLC (3) UPS Economic Fact Sheet Rendering of UofL’s Lynn Stadium, an $18.5-million soccer field that will be operational in 2015.

lanereport.com One Region, One Vision 21

2014 MRGL 15-32.indd 21 4/30/14 4:09 PM Expanding Our Vision

Through its foundation, the University of Louisville is spearheading investment in research initiatives and commercial projects that will “The Belknap Engineering and Applied yield financial returns to the university and community for years to come. Working in partnership with business and government, UofL Sciences Research Park is precisely the kind of is developing three separate research parks, located on the main project that will grow and develop innovative Belknap campus, in downtown Louisville and at the Shelby campus technology applications that will shape our in eastern Jefferson County. Each is designed to entice outstanding development and business to the Louisville area, bringing new jobs future economy.” — Governor Steve Beshear and the potential for billions in revenue.

AREA OF INFLUENCE UofL is investing in commercial development RESEARCH, TECHNOLOGY & INNOVATIONto conduct leading-edge research, create jobs and

strengthen the region’s 265 economy Expanding our vision 264 64 LOUISVILLE HROUGH its foundation, The proposed development will include the University of Louisville is additional research facilities for the Speed Tspearheading investment in School and offices for applied science research initiatives and commercial researchers and private companies in projects that will yield financial returns partnership with the engineering school. AREA OF INFLUENCE to the university and community for UofL is investing in commercial development to years to come. Working in partnership The Nucleus ResearchBelknap Park Engineering & Applied The Nucleus Research Park ShelbyHurst Research Sciences Research Park conduct leading-edge research, create jobs and Office Park with business and government, UofL is strengthenThe Nucleus the region’s Research Park,economy a three-block UofL has begun infrastructure construction on property in downtown Louisville consists of UofL’s ShelbyHurst Campus continues to grow developing three separate research parks, the Belknap Engineering and Applied Sciences four planned research, technology and office with the development of the 125,000-sq.ft. 700 located on the main Belknap campus, in Research Park, located south of the ShelbyHurstbuildings—one ofResearch which is The Nucleus— North Hurstbourne. This follows the success of downtown Louisville and at the Shelby J.B. Speed School of Engineering. The which opened in October and is at full 600 North Hurstbourne, which opened in 2012 proposed development will include additionaland Officeoccupancy. ThePark park, dedicated to creating and is fully occupied. The newest building, a campus in eastern Jefferson County. research facilities for the Speed School and a vibrant technology business district along joint venture between the UofL Foundation and Each is designed to entice outstanding offices for applied science researchers and the city’s Healthcare / University / Riverfront NTS Development Company is expected to be private companies in partnership with the corridor, will house multiple operations in close certified for its environmental efficiency. When development and business to the engineering school. proximity to expedite collaboration and shared fully developed, the office park is expected to Louisville area, bringing new jobs and expertise among researchers and companies. have more than 1m sq.ft. of commercial space. the potential for billions in revenue. UofL Plays Major Role in White House Initiative Artist rendering Belknap Engineering & UofL’s success in fostering collaborative partnerships with government and private sector companies continues to gain national Applied Sciences Research Park attention, most notably with the university’s inclusion in the Digital Manufacturing and Design Innovation Institute, recently announced Theby President Nucleus Obama. Research Park, a three-block UofL’s ShelbyHurst Campus continues to UofL’s engineering sector will play a major role in a consortium propertyof Midwestern in universities downtown and companies Louisville tasked consists with making grow with the development of the 125,000- ofAmerican four plannedmanufacturing research, more competitive technology by engineering and processess.f. 700 North Hurstbourne. This follows officethat reduce buildings cost and improve – one efficiency. of which is The The university’s reputation for successful public-private the success of 600 North Hurstbourne, Nucleuspartnership –is consideredwhich opened a main reason in October for inclusion and in the shown above, which opened in 2012 and is is$320 at millionfull occupancy. initiative and isThe expected park, to bolster dedicated the efforts to fully occupied. The newest building, a joint develop the Belknap Applied Science and Engineering Park. to creating This new facility a vibrant would not technology only provide regionalbusiness manufacturers venture between the UofL Foundation and districtaccess to technologiesalong the needed city’s to Healthcare be competitive /in a changing globalNTS Development Company is expected to UofL has begun infrastructure construction Universitymarketplace, but / Riverfrontprovide co-op andcorridor, research opportunitieshouses for be certifiedaccomplishment, for its but environmental it did not happen overnight. efficiency. Careful planning students. The ultimate goal—create high-paying jobs and generate and dedication to implementing innovative economic strategies have on the Belknap Engineering and Applied multiplemillions in additionaloperations tax revenue in close for state proximity and local government. to Whenmade fully the universitydeveloped, attractive the to officeoutside investment, park is while increasing Sciences Research Park, located south expedite Being included collaboration in such a prominent and shared consortium expertise is a major expectedthe economic to have vitality more of the than region. 1 million s.f. of the J.B. Speed School of Engineering. among researchers and companies. of commercial space. INNOVATIVE ECONOMICS PAYS OFF UofL’s innovative economic model is inclusion in the White House’s newly engineering park, form new industry anchored by seven strategies that include formed Digital Manufacturing and Design collaborations and create new jobs, increasing the number of private sector Innovation Institute (above) is another generating tax revenue in the process. The Innovative economicspartnerships, utilizing innovative pay financing exampleoff of how these strategies are being model below shows how investing in UofL tools and increasing contract research applied. The partnership will allow the is a solid investment for both the state and and commercialization income. Recent university to develop a state of the art the regional economy. ofL’s innovative economic model is anchored by seven strategies that include increasing the GOVERNMENT PROVIDES UofL PROVIDES U Additional tax revenue from new businesses number of private sector partnerships, Public funding and commercial development utilizing innovative financing tools, TIF financing and increasing contract research and commercialization income. Recent inclusion in the White House’s newly formed Digital Manufacturing and Design WORKING TOGETHER Innovation Institute is another example Research discoveries UofL PROVIDES New jobs of how these strategies are being applied. World class research Additional taxes The partnership will allow the university Research created businesses to develop a state-of-the-art engineering High paying jobs park, form new industry collaborations, Commercial development create new jobs and generate tax revenue BUSINESS BUSINESS in the process. The model at right PROVIDES PROVIDES shows how investing in UofL is a solid New jobs Support for research investment for both the state and the Expanded tax base Real world experience for UofL students regional economy. Taxes from commercial development and construction

22 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 15-32.indd 22 4/30/14 4:09 PM THE NUCLEUS RESEARCH PARK WELCOME TO THE INCUBATOR OF INNOVATION

See how we’re stimulating collaboration and entrepreneurship with this new epicenter of research and business. UofLnow.com

2014 MRGL 15-32.indd 23 4/30/14 4:09 PM RESEARCH, TECHNOLOGY & INNOVATION

University research to marketplace success niversity of Louisville researchers are changing people’s The University of Louisville Foundation has vigorously lives by not only taking their research from bench to supported these efforts, investing $18.2 million in start-up Ubedside but also by transforming the economy with companies that are direct results of leading-edge university new businesses, new jobs and the potential for billions in new research, enabling UofL to become partners in several successful revenue. One initiative that has enabled the university to do commercial ventures that generate revenue for the university. this is its active participation in the state’s Bucks for Brains UofL or ULF aren’t just investing in B4B researchers. The (B4B) program, which provides matching funds that attract a university is driven to invest in other unique areas of faculty variety of world-class scholars and researchers to continue their research – and in some cases the companies launched by groundbreaking work at UofL. that research.

Institute for Product Realization An Institute for Product Realization (IPR), a part of the developing Belknap Applied Sciences Research Park, will conduct research in manufacturing and The new Belknap logistics, renewable energy, and analytics Applied Research and computer science. The facility may Park will be include Launchpad and Microfactory developed next to components, consisting of staff, 3D the Speed School of Engineering (photo printing and equipment dedicated to left) and will include support industry in the development of additional research new products and processes. facilities for the Speed School and PGxl private companies in partnership with the engineering school.

technology that eliminates the need This innovative technology will afford for continued medication by using patients a novel regenerative therapy that Facilitating Cell Therapy to improve the extends and enhances the quality of life body’s immune system. Ildstad recently without immunosuppression or genetic entered into a global licensing and manipulation. This product eventually research collaboration agreement with could be used to treat conditions such as Novartis, which will develop the therapy Parkinson’s disease, Alzheimer’s disease, not only in solid organ transplantation, multiple sclerosis, and spinal cord injuries. Founded by Roland Valdes, Jr., PhD but also for other diseases including and Mark Linder, PhD, PGxl developed inherited childhood metabolic disorders Advanced Cancer Therapeutics PerMIT software for physicians to identify and red blood cell disorders, such as the most effective treatments for patients. sickle cell disease and thalassemia. The software will reduce adverse drug reactions and make medical treatment RhinoCyte more cost-effective. The capabilities of this software are the basis of what is known as “personalized medicine.”

Regenerex

Advanced Cancer Therapeutics obtained exclusive licenses for four new anti-cancer therapeutics and one pharmaceutical vaccine for human papillomavirus (HPV) made from tobacco plants. These advancements may provide Co-founded by UofL’s Fred J. Roisen, patients with broad protection against PhD, RhinoCyte is focused on many strains of HPV, as well as provide a UofL and Regenerex research, led by developing an innovative adult stem cost-effective alternative to existing HPV UofL faculty Suzanne Ildstad, MD, have cell technology that will change the way vaccines on the market today. (above: developed groundbreaking stem cell neurodegenerative disorders are treated. Donald Miller MD, PhD) l

24 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 15-32.indd 24 4/30/14 4:09 PM 2014 MRGL 15-32.indd 25 4/30/14 4:09 PM MADE IN LOUISVILLE A thriving manufacturing sector Louisville and Southern Indiana produce products ranging from spices to power tools

N the late 19th century, The 13-county Louisville Louisville and Southern Metropolitan Statistical Indiana’s role as a Area, which also includes I four Southern Indiana manufacturing center was counties, accounts for solidified as companies made 75,100 manufacturing such products as chewing jobs, according to Greater tobacco, whiskey, steam Louisville Inc. When Hardin and Larue counties engines, farm equipment, are factored in, the furniture and plumbing manufacturing workforce products. Greater Louisville’s is 81,400 as of Feb. 2014. location, with access to an abundant water supply and Right: Little Brownie Bakers opportune logistics, make it a produces several varieties of prime manufacturing location. Girl Scout Cookies. Following is a sample of manufacturers based in the region. All are located in Louisville unless indicated.

Abell Elevator Vertical transportation abellelevator.com Airguard Air filtration products Jeffersonville, IN – airguard.com Akebono Brake Corporation Auto disc, drum brakes Elizabethtown, KY akebonobrakes.com Algood Foods Private-label peanut butter, jellies, preserves algoodfood.com Above: Raytheon produces Phalanx guns for the U.S. Navy. American Fuji Seal Inc. Container shrink labels Right: Louisville Stoneware creates iconic, hand-painted Bardstown, KY – afseal.com dinnerware and oven ware. American Greetings Corp. Greeting cards Bardstown, KY – BAE Systems Cardinal Aluminum Co. Discount Labels Inc. americangreetings.com Military equipment Custom aluminum extrusions Labels, rubber stamps American Printing House baesystems.com cardinalaluminum.com New Albany, IN – for the Blind Inc. Balfour Co. Inc. Compass Manufacturing discountlabels.com Educational, daily living products High school/college announcements International Drexel Metals Inc. aph.org balfour.com Kitchen, bath products Metal roofing products Beach Mold & Tool Inc. cmiproduct.com drexmet.com Injection-molded plastics Cox Interior Finchville Farms New Albany, IN – beachmold.com Interior moulding, trim Country ham/seasoned bacon BFW Inc. Campbellsville, KY – Finchville – finchvillefarms.com Fiberoptic headlight systems coxinterior.com FireKing Security Group bfwinc.com D.A. Inc. Fireproof safes, files Bourbon Barrel Foods Automotive parts New Albany, IN – fireking.com Condiments, spices Charlestown, IN – daiwa-da.com Ford Motor Co. bourbonbarrelfoods.com Dawn Food Products Inc. Super Duty Trucks, F-250, F-550, Bowles Mattress Co. Bakery mixes, fillings, coatings Expedition, Navigator, Escape Lady Americana mattresses dawnfoods.com ford.com Jeffersonville, IN – D. D. Williamson & Co. GE Appliances bowlesmattress.com Carmel food/beverage colorings Water heaters, dishwashers, Caldwell Tanks Inc. ddwcolor.com refrigerators, washers Steel water tanks, towers Derby Dental Laboratory ge.com Above: Rooibee Red Tea is brewed caldwelltanks.com Crowns, bridges, dentures and bottled in Louisville. derbydental.com

26 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 15-32.indd 26 4/30/14 4:09 PM General Mills Pillsbury refrigerated dough New Albany, IN – generalmills.com Green Bull Professional-use ladders greenbullladder.com Grindmaster Corporation Beverage, food equipment grindmaster.com Haas Cabinet Co. Inc. Kitchen cabinets Sellersburg, IN – haascabinet.com Hillerich & Bradsby Co. Inc. Louisville Slugger baseball bats slugger.com Above: PPG Porter Paints has been making paints and stains since 1921. Hunter Knepshield Modular park buildings, sports lighting Right: Louisville Slugger, the premier LaGrange, KY – name in Major League Baseball, has hunterknepshield.com made wooden bats since 1884. Guests can tour the downtown INDCO Inc. Louisville museum. Industrial mixers New Albany, IN – indco.com Jeffboat LLC Inland ships Jeffersonville, IN – aclines.com KACI (Katayama Louisville Bedding American Co. Inc.) Bed pillows, processed fiber Automotive door sashes, moldings loubed.com Shelbyville, KY – kaci.com Louisville Golf Club Co. Kelley Technical Coatings Custom clubs under the Peerless Gear Rooibee Red Tea Pool, deck tennis/basketball Persimmon brand Outdoor equipment transmissions Bottled organic tea court coatings louisvillegolf.com Salem, IN – peerlessgear.com rooibeeredtea.com kelleytech.com Louisville Stoneware Peptides International . Samtec Inc. K-I Lumber Stone plates, bowls Biological products, research supplies Electronic interconnect products Building material louisvillestoneware.com pepnet.com New Albany, IN – samtec.com Shelbyville, KY – ki-lumber.com Mesa Foods PPG Architectural Finishes Shelby Industries LLC Kentucky Trailer Corn and flour products Inc./Porter Paints Towing, trailering, lifting, Custom vans, trailers mesafds.com Residential paints, stains leveling equipment kytrailer.com MedVenture Technology ppg.com Shelbyville, KY – shelbyindustries.com Kern’s Kitchen Medical devices Premier Packaging Inc. Derby-Pie dessert Jeffersonville, IN – medventure.com Corrugated boxes Stanley Black & Decker derbypie.com Multi Packaging Solutions Buechel, KY – prempack.com Professional power tools Shelbyville, KY – Kitchen Kompact Inc. Printer of home Publishers Printing stanleyblackanddecker.com Kitchen/bath cabinets entertainment products Magazines, labels Jeffersonville, IN – multipkg.com Shepherdsville, KY – pubpress.com Steepleton Co. kitchenkompact.com Nationwide Uniform Corp. Purnell’s “Old Folks” Sausage Billiard tables steepleton.com Lantech Inc. Security/police/postal uniforms Sausage products Stretch-wrapping equipment Hodgenville, KY Simpsonville, KY – itsgooo-od.com Superior Van & Mobility lantech.com Papercone Corporation Radio Sound Inc. Vehicle mobility systems Louisville – superiorvan.com Little Brownie Bakers Specialty envelopes, soft packages Sound systems Girl Scout cookies papercone.com radiosound.com Sypris Solutions Inc. littlebrowniebakers.com Paradise Tomato Kitchens Raque Food Systems LLC Data acquisition/storage systems sypris.com Lear Corporation Custom sauces Food product-packaging machines Automotive seating paradisetomato.com raque.com Tower International lear.com Ralcorp Frozen Bakery Metal, automotive stampings, Products Inc. assemblies Frozen biscuits, pancakes, dry mixes Bardstown, KY – ralcorpfrozen.com towerinternational.com Raytheon Co. Tyson Foods Inc. Defense weapons systems Poultry deli products raytheon.com Corydon, IN – tyson.com Rev-A-Shelf LLC USWorldMeds Home storage, organization products Pharmaceuticals Jeffersontown, KY – rev-a-shelf.com usworldmeds.com Restonic New Albany Zeon Chemicals Restonic mattresses Innovative polymers New Albany, IN – restonic.com zeonchemicals.com Reynolds Packing Group Zoeller Company Aluminum foil Sewage pump systems Above: Lincoln recently announced it would begin producing reynoldspkg.com zoeller.com l the all-new MKC in Louisville in 2014.

lanereport.com One Region, One Vision 27

2014 MRGL 15-32.indd 27 4/30/14 4:09 PM LEGAL SERVICES The courtroom goes high tech Louisville’s groundbreaking digital circuit courtroom systems set the pace for the nation

BY FRANK GOAD The Jefferson County OOD things take a bit of Judicial Center is located in downtown Louisville and time, and development of the is utilizing groundbreaking Gadvanced presentation and legal new courtroom technology. communication system in the Jefferson County circuit courtrooms is ongoing, and nothing short of amazing. As of spring 2014, the Jefferson Courtroom Upgrade Project (JCUP) is likely the most advanced courtroom audio-visual system in the country. It represents a unique, forward thinking understanding of how people who form the juries have changed. Even more amazing, private donations from members of the Louisville trial bar are its primary funding source. The state judicial system, which has budgetary woes like all other state branches, has had to contribute no capital to achieve a level of excellence that is not only a point of pride for Jefferson County courts, the Louisville Bar Association and the state but a model other states want to follow. The current JCUP 2.0 phase is the second revision of the all digital system. An initial courtroom setup was abandoned after better, more flexible and feature-rich technology became available. The initial setup relied primarily on analog technology, while the new version is almost entirely digital and offers levels of user involvement and control not available originally. Each attorney’s team can control up to three video screens and accompanying audio channels in the courtroom; they can annotate and “mark up” materials on screen with a telestrator, much like those used on television sports and news broadcast. Teams control the system by tapping tablet computer icons and “buttons” on Planning for tomorrow’s jurors Judge McKay Chauvin of Circuit Court, its screen. “We are building the courtroom of Division 8, echoes Michael’s words. Every circuit courtroom in Kentucky the future to adapt to the juries of the “Whereas traditionally the plan seems now records video and audio of trials as future,” said Patrick W. Michael, a to have been to build the courtroom of they happen and includes them as part of partner with the Louisville office of yesterday tomorrow, JCUP has committed to case records. In JCUP courtrooms, digital Dinsmore and Shohl, LLP, and JCUP’s building the courtroom of tomorrow, today,” evidence presented – video of a witness Chief Executive Officer. “Millennials Chauvin said. “The days in which lawyers testifying or an attorney illustrating an are used to seeing and using multiple could effectively try cases using nothing exhibit with the telestrator – can go into streams of information at once. They more than a stentorian voice, a magic the case record right along with the court’s expect rich information and can process marker and a flip chart are gone. Times have audio and video. It’s a big plus should it intelligently – this system speaks to changed. Jurors have changed. A steadily a case go up for appeal or come up for the Millennial generation’s needs for increasing percentage of those jurors have review for any reason. Any subsequent learning and listening. Besides that, this come of age in the multi information age.” judge and jury can see in exact clarity how is a big step in moving to a paperless each side presented its case. legal system with this project.” Continued on page 30

28 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 15-32.indd 28 4/30/14 4:09 PM 2014 MRGL 15-32.indd 29

THIS IS AN ADVERTISEMENT

keeping business “open for business.”

CELEBRATING 50 YEARS OF LEADERSHIP IN LAW.

Corporate Law Government Access 9300 Shelbyville Road, Suite 210 Healthcare Regulation Louisville, Kentucky 40222 Real Estate (502) 327-5400 | www.mmlk.com Litigation 4/30/14 4:09PM LEGAL SERVICES

MCBRAYER, MCGINNIS, LESLIE & KIRKLAND, PLLC 9300 Shelbyville Road, Suite 210 Louisville, KY 40222 (502) 327-5400 mmlk.com

McBrayer is a leading law firm with offices in Louisville, Lexington, Frankfort, Greenup and Washington, D.C. With more than 50 attorneys McBrayer is experienced and knowledgeable in James H. multiple areas of the law, Frazier III and specializes in business Managing & corporate law, litigation, Member real estate development and Michael praises as well Trinity Video The Jefferson Courtroom Upgrade Project (JCUP) health care. Our Louisville Communications of Louisville. It worked is likely the most advanced courtroom audio-visual office continues to expand as we service the system in the country. needs of our client base. closely with equipment manufacturers to ensure components all were compatible. Fisher & Phillips LLP Continued from page 28 Trinity is familiar with government and laborlawyers.com judicial systems, having worked with Frost Brown Todd LLC A major first step toward a paperless agencies including Homeland Security, the frostbrowntodd.com system was Judge Chauvin’s decision State Department and Department of Justice Fultz Maddox Hovious & Dickens PLC in 2009 to send out all court orders at the federal level and a variety of state and fmhd.com electronically, saving around $6,000 per local governments and police departments. Goldberg & Simpson year on postage, paper and envelopes. goldbergsimpson.com Orienting the users Gwin Steinmetz & Baird PLLC A unique public-private Before attorneys or their staff may use the gsblegal.com partnership system, they must pass a hands-on JCUP Landrum & Shouse LLP Today’s advanced system is around because training course covering hearings and landrumshouse.com members of Louisville’s trial bar believed in a trials. JCUP is developing classes on how Lynch Cox Gilman & Goodman PSC lynchcoxlaw.com vision of what could be enough to pay for it. to build clear, concise and persuasive McBrayer, McGinnis, They knew they would save time and effort content for both a live trial jury or anyone Leslie & Kirkland PLLC not having to arrange for projectors, screens, viewing recordings in the future. With the mmlk.com Internet access and more as well as setting it system still being improved upon, user up in the courtroom. input is constantly evaluated to ensure Continued on page 32 They realized also, instructions are clear, devices and user interfaces are well-designed, it performs STITES & HARBISON PLLC Michael said, that “this 400 W. Market St., Suite 1800 system levels the playing as it should, and bugs are eliminated. Louisville, KY 40202 field for all involved in a A fingerprint reader controls access to (502) 587-3400 trial. Video interviews and identify users, ensure they’ve been trained stites.com and that they are a JCUP contributor/ testimony by witnesses Stites & Harbison, PLLC is and consultants can be Patrick Michael, member. Adequate funding is being ensured a full service national law shown without having CEO, JCUP by a subscription system, with non-members firm known for managing to pay them (again) to given access on a pay-as-they-go basis. sophisticated transactions, Given the rapid changes in technology, challenging litigation and appear in court, meaning lower costs complex regulatory matters with a wider range of evidence to it is likely that this system will look on a daily basis. The support their case. different in five years, Michael said. “The firm represents a broad Ken Sagan, “If nothing else, because of the more we use it, the better it gets.” spectrum of clients including Chairman multinational corporations, flexibility and speed with which financial institutions, electronic documents can be shared, Ackerson & Yann PLLC pharmaceutical companies, healthcare those involved get a speedier trial.” ackersonlegal.com organizations, private companies, nonprofit There are few if any similar systems in Bingham Greenebaum Doll LLP organizations, family-owned businesses and bgdlegal.com individuals. the nation. Our approach to representing clients is Boehl Stopher & Graves LLP The project is under the guidance of straightforward. We make every effort to bsg-law.com JCUP LLC, whose sole member is the thoroughly understand each client’s business Louisville Bar Center dba the Louisville Camoriano & Associates and legal objectives in order to provide inventky.com innovative strategies, value and exceptional Bar Association. LBA attorneys provided Conliffe, Sandmann & Sullivan PLLC client service. feedback during the pilot phase to get kentuckytrialattorney.com Stites & Harbison maintains offices in Kentucky, Indiana, Tennessee, Georgia and their feedback and the trial bar, many of Dinsmore & Shohl LLP Virginia. Its newest offices opened in 2013 in whom are LBA members, contributed dinsmore.com Covington, Kentucky and Memphis, Tennessee. around $775,000.

30 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 15-32.indd 30 4/30/14 4:09 PM WE DO ECONOMIC DEVELOPMENT WORK IN LOTS OF INTERESTING PLACES.

Stites & Harbison is a key player in many Kentucky business deals. We counsel companies on site location, land acquisition, financing and environmental and geotechnical issues. If your business needs help with economic development, choose the legal firm that really puts in the miles.

Learn more at Stites.com

Louisville, KY • Frankfort, KY • Lexington, KY • Covington, KY • Alexandria, VA • Atlanta, GA • Jeffersonville, IN • Franklin, TN • Memphis, TN • Nashville, TN THIS IS AN ADVERTISEMENT

2014 MRGL 15-32.indd 31 4/30/14 4:09 PM LEGAL SERVICES

BINGHAM GREENEBAUM DOLL LLP 101 South Fifth Street Louisville, Kentucky 40202 (502) 589-4200 bgdlegal.com

Bingham Greenebaum Doll LLP is a progressive business law firm serving regional, national and international clientele. BGD attorneys are described by clients as responsive, aggressive and effective advocates. The firm Mark continues the tradition of Oppenheimer providing unparalleled client Managing service in 2014; BGD’s practice Partner groups accommodate 17 service areas and 12 different industries. John Nation photo Continued from page 30 Seiller Waterman LLC The former Jefferson County Courthouse, derbycitylaw.com which was completed in 1860, is now home Middleton Reutlinger Stites & Harbison PLLC of Louisville Metro Hall, including the office of middreut.com stites.com Mayor Greg Fischer. Morgan & Pottinger PSC Stoll Keenon Ogden PLLC morganandpottinger.com skofirm.com O’Bryan, Brown & Toner PLLC Thompson Miller & Simpson PLC Weber & Rose PSC obtlaw.com tmslawplc.com weberandrose.com Phillips Parker Orberson & Arnett PLC Tilford Dobbins Alexander PLLC Wyatt, Tarrant & Combs LLP ppoalaw.com tilfordlaw.com wyattfirm.com Schiller Osbourn Barnes & Maoney PLLC Ward, Hocker & Thornton PLLC Zielke Law Firm PLLC sobmlegal.com whtlaw.com zielkefirm.coml

32 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 15-32.indd 32 4/30/14 4:09 PM FINANCIAL SERVICES Sound financial footing Louisville is the financial leader of the nation’s No. 1 state for new business creation

BY ROBERT HADLEY

USTAINING Kentucky’s recent entrepreneurial growth – the state Sranks No. 1 in new business creation, according to the federal Bureau of Labor Statistics – means offering a ready supply of commercial banking outlets as well as accounting firms to help businesses effectively manage their money. Fortunately, the state’s 151 state- chartered banks provide a solid financial- services infrastructure to support the growing economy. “In my opinion, the Louisville Metro has a full complement of traditional banking and financial services,” said Kent Oyler, managing partner of OPM Kent Oyler, Services Inc., a financial Managing consulting firm active in Partner, the start-up sector. “We OPM Services, Inc. have plenty of competent accounting firms, mergers and acquisition lawyers, banks, etc.” According to the Kentucky Department of Financial Institutions, mortgage industry has really been driven Downtown Louisville’s financial sector is home to the commonwealth’s banks are on sound by refinances.” numerous state and national banking institutions. financial footing. With interest rates at all-time lows Total assets for all state-chartered in 2011 and 2012, many existing banks increased from $46.723 billion in homeowners applied for new mortgages 2012 to $47.523 billion in 2013, KDFI at lower interest rates to cut monthly Commissioner Charles Vice said. payments and the overall cost of their Protection Act and other new rules “I think there has been some increase homes, generating fee income for lenders. from Washington can hamper small- in economic activity,” Vice said. “The Beginning in 2013, Vice noted, mortgage business loans, particularly among housing market has picked up a little. lenders started to see an uptick in lending community banks, Vice explained. Not During the previous two years, the for new home construction as well. only do banks have to determine if While commercial loans in Kentucky new rules apply to them, they may also PNC FINANCIAL SERVICES GROUP 101 South Fifth Street (those secured by real estate and those have to hire additional staff to ensure Louisville, KY 40202 not secured by real estate) kept pace regulations are followed. (502) 581-4212 with national growth in 2013, business “Community banks really want to pnc.com construction loans lagged behind the rest make sure they get it right up front,” he For more than 150 years, of the nation. said. “So sometimes they’re taking a more PNC has been committed Construction/development loans in cautious approach to lending just to make to providing our clients Kentucky fell almost 3 percent from 2012 sure they get it right. And that in itself with great service and to 2013, while nationwide the same type may slow down some economic activity.” powerful financial expertise to help them meet their of loans saw a nearly 4 percent increase. According to the KDFI, about 145 of financial goals. As the largest Oyler and Vice both blame the current the commonwealth’s state-chartered banks financial services provider in Charles P. regulatory environment for Kentucky’s have $1 billion or less in total assets. The Kentucky with 120 locations, conservative loan growth. distinction is significant given Kentucky’s Denny we serve consumers, small Regional businesses, specialized “The current regulatory environment growing business environment. President services for corporations and makes borrowing extremely challenging for “If you look at the emphasis PNC Bank, government entities, real smaller businesses,” Oyler said via email. smaller banks place on small-business Louisville estate finance and wealth Compliance with the Dodd-Frank lending,” Vice explained, “it makes up a management. Wall Street Reform and Consumer significantly larger component of their

lanereport.com One Region, One Vision 33

2014 MRGL 33-48.indd 33 4/30/14 4:10 PM FINANCIAL SERVICES

loan portfolios compared to “These non-traditional funding sources larger banks.” are the grease for the gears of capital, and Nationwide, Vice said, banks with $1 in turn job and wealth creation,” Oyler billion or less in total assets devote 28 said. “Louisville and Kentucky need to percent of their loan portfolios to small- launch a herculean effort to grow and business loans versus only 8 percent attract more of these funding sources, for banks with $10 billion or more in most of which co-lend or complement assets. A similar trend is reflected among our traditional bank-based lenders.” Kentucky banks. Once the necessary capital is available If Kentucky’s startup business for business expansion, companies and growth is being underwritten by small, entrepreneurs need help managing their community banks, it also allows those resources, particularly when it comes to banks to play a role in economic recovery. taxes. Accounting firms play a significant “Particularly in Kentucky, we have role in entrepreneurial growth, said Penny smaller community-based banks that have a Gold, CEO of the Kentucky Society of vested interest in seeing their communities CPAs. succeed,” Vice said. “That’s why you see “From day one, they are often a a larger percentage of their loan portfolio business owner’s first stop, advising new going to these small-business loans, because entrepreneurs on business plans, entity they know that’s the economic engine selection, bank loan preparations, taxes and driving the community.” TIF (tax increment financing) incentives,” According to the Federal Deposit she explained via email. “CPAs are also Insurance Corp., one unique attribute active leaders in organizations that nurture about the Louisville market is that as of the entrepreneurial spirit. You will find 2013 it contains 42 banks and savings strong CPA participation in associations and loans with 436 bank branches, far like the Lexington Venture Club, Venture more than any other single city in the Connectors in Louisville and the Real state. (Next largest Lexington has 34 Estate Venture Exchange.” banks with 189 offices). Despite the number of available BANKS banks, Louisville metro’s financial services American Founders Bank market could use some diversification. afbusa.com Oyler suggests that alternative The Bank – Oldham County capital sources, specifically institutional thebankoc.com Hilliard Lyons, founded in 1854, is one of the mezzanine funds, private equity firms, BB&T nation’s oldest investment firms. venture capital firms, investment banks Louisville – bbandt.com and real estate investment trusts should Bedford Bank Bedford, KY – bedfordbank.com be added to the Louisville market. Central Bank Louisville – centralbank.com Clarksville, IN – fsbbank.net MCM LLP Chase Forcht Bank 2600 Meidinger Tower Louisville – chase.com Louisville – forchtbank.com 462 South Fourth St. Citizens Deposit Bank Kentucky Home Bank Louisville, KY 40202 Bardstown, KY – kyhomebank.com (888) 587-1719 Emminence, KY – cdbt.com mcmcpa.com Citizens Union Bank of Shelbyville King Southern Bank Shelbyville, KY – cubbank.com Louisville – kingsouthernbank.com As the largest CPA firm Commonwealth Bank & Trust Co. MainSource Bank in Kentucky, MCM LLP Louisville – cbandt.com mainsourcebank.com provides highly specialized Eclipse Bank Meade County Bank tax, audit and advisory Brandenburg, KY – meadecountybank.com services to a broad range Louisville – eclipsebank.com of clients and industries. Farmers Bank of Milton Mid-Southern Savings Bank Privately and publicly Milton, KY – fbmilton.com Salem, IN – mid-southern.com held businesses, not-for- Fifth Third Bank The New Washington State Bank Diane Medley, profits, small businesses Louisville – 53.com New Washington, IN – newwashbank.com Managing and individuals across the Partner, First Citizens Bank Old National Bank region, and throughout the oldnational.com MCM LLP country, receive personalized Elizabethtown, KY – first-citizens.com attention and local access First Capital Bank of Kentucky PBI Bank Inc. from national-level talent. MCM combines Louisville – fcbok.com Louisville – pbibank.com the technical and industry expertise of larger First Federal Savings Bank The Peoples Bank of Bullitt County firms without sacrificing the attention and of Elizabethtown Shepherdsville, KY – pbofbc.com personal service of a local firm. MCM has Elizabethtown, KY – ffsbky.com Peoples Bank Mt. Washington offices in Louisville, Lexington, and Frankfort Mt. Washington, KY – peoplesbankmtw.com in Kentucky, as well as in Jeffersonville, Ind., First Harrison Bank and Cincinnati. Corydon, IN – firstharrison.com The Peoples Bank of Taylorsville First Savings Bank, F.S.B. Taylorsville, KY – tpbtaylorsville.com

34 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 33-48.indd 34 4/30/14 4:10 PM HILLIARD LYONS PNC Bank Blue & Co. LLC 500 W. Jefferson St. Louisville – pnc.com Louisville – blueandco.com Louisville, KY 40202 Regions Beutow LeMastus & Dick PLLC (502) 588-8400 hilliard.com Southern Indiana – regions.com Louisville – bldcpa.com Republic Bank Crowe Horwath LLP Wealthy individuals and Louisville – republicbank.com Louisville – crowehorwath.com families need guidance and comprehensive solutions River City Bank Dean Dorton Allen Ford PLLC that consider their unique Louisville – rivercitybankky.com Louisville – ddafcpa.com circumstances and long-term River Valley Financial Bank Deloitte goals. Hilliard Lyons has Madison, IN – rvfbank.com Louisville – deloitte.com been providing that kind of insight for every generation Springfield State Bank Deming Malone Livesay & Ostroff PSC James Allen, since 1854. Springfield, KY – springfieldstate.com Louisville – dmlo.com CEO, When you partner with Hilliard Lyons Stock Yards Bank & Trust Ernst & Young LLP Hilliard Lyons, you have the Louisville – syb.com Louisville – ey.com comfort of knowing that Town & Country Bank and Trust Co. Harding Shymanski & Co. PSC your financial consultant will help guide you Bardstown, KY – mytcbt.com Louisville – hsccpa.com toward a financial strategy that is appropriate United Citizens Bank & Trust Company Henderman, Jessee & Company PLLC for you. From building your assets and Campbellsburg, KY – unitedcitizensbank.com Louisville – hjcocpas.com protecting them in the here and now, planning for and funding your future retirement, through U.S. Bank N.A. Jones Nale & Mattingly PLC creating a legacy for generations to come, Louisville – usbank.com Louisville – jnmcpa.com Hilliard Lyons has the talent, services and Wilson & Muir Bank & Trust Company KPMG LLP products to effectively plan for each. Bardstown, KY – wilsonmuirbank.com Louisville – kpmg.com Your Community Bank Louis T. Roth & Co. PLLC New Albany, IN – yourcommunitybank.com Louisville – ltroth.com New Washington State Bank Mather & Co. CPAs LLC Rodefer Moss & Co. PLLC New Washington, IN newwashbank.com Louisville – matherandcompany.com New Albany, IN – rodefermoss.com Monroe Shine CPAs Strothman & Company, PSC ACCOUNTING FIRMS New Albany, IN – monroeshine.com Louisville – strothman.com Baldwin CPAs Mountjoy Chilton Medley LLP Welenken CPAs Louisville – baldwincpas.com Louisville – mcmcpa.com Louisville – welenken.com l BKD LLP PricewaterhouseCoopers LLP Louisville – bkd.com Louisville – pwc.com

Customized Solutions

Solving your unique business problems requires more than a one-size-fits-all approach.

MCM’s industry-focused CPAs and advisors know how to build and deliver customized solutions, tailored to fit businesses’ specific needs. We strive to stay adaptive and innovative to meet clients’ individual needs, going beyond the expected.

For the perfect fit, call us. 888-587-1719

mcmcpa.com | Kentucky | Indiana | Ohio

lanereport.com One Region, One Vision 35

2014 MRGL 33-48.indd 35 4/30/14 4:41 PM FORD Powerful engines of growth For 100 years, Ford has been an economic driver for Louisville and advanced manufacturing

BY FRANK GOAD

ROWTH in Louisville and Southern Indiana for the past 100 years has Glargely been paralleled by Ford Motor Company’s operations locally. That track record was further reinforced when Ford made two more big manufacturing announcements regarding Louisville facilities in late 2013 and early 2014. And beyond vehicle production, there was another important announcement focusing on Ford’s community relations, one designed to build future socioeconomic benefits far beyond today’s payrolls and job creation – one focused directly on the area’s children. Ford’s presence in the state is also felt far beyond the Louisville and Southern Indiana area.

An important economic partner Motor Co. photo Sam VarnHagen/Ford The Kentucky Truck Plant and Louisville Pictured from left: Todd Dunn, UAW Local 862 President, Mike Abel, UAW Region 8 Rep., Darryl Nolen, National UAW Ford Dept., Greg Fischer, Louisville, Ky. Mayor, Steve Beshear, Kentucky Governor, Joe Assembly Plant together build more Hinrichs, Ford President of the Americas, Joe Bobnar, Plant Manager, Scott Eskridge, UAW Local 862 than 2,000 vehicles every day. Ford lists Chairman and Jerry Abramson, Kentucky Lieutenant Governor helped celebrate after Ford Motor employment of more than 8,300 workers, Company’s big announcement at its Kentucky Truck Plant. Ford is investing $80 million and creating 350 and some sources quote closer to 9,000 jobs at the plant to meet surging demand for F-Series Super Duty trucks. before further expected new jobs are added. Beyond Michigan, there are more Ford Schools and next generation careers other goals for that year: Lowering the employees in Louisville than anywhere The most recent civic and community annual dropout rate to 3.8 percent; else. According to the generally recognized contribution was the March 2014 increasing the percentage of students job-multiplier effect of nine jobs for each announcement that Ford had added who are college- or career-ready from assembly line job, more than 72,000 area schools to its network of more 51.3 percent to 72.4 percent; and have all additional jobs have been created in the area than 15 “Next Generation Learning” students attending 5-Star schools enrolled to support the Ford plants. These range from communities. Inclusion in the program in a 5-Star career academy. parts manufacturers to companies supplying is expected to be a major step forward The Ford Fund and America’s Promise the vending machines in the plants. toward preparing the area’s young people Alliance came together to provide Ford does business with 126 for the future and ensuring their ability to $75,000 to support implementation of Kentucky parts and service providers and compete and remain economically viable. the Ford Next Generation Learning (NGL) spends more than $3 billion with them, Beginning in late 2012, more than 90 community master plan. The Ford Fund is according to Gabby Bruno, regional community leaders worked together for adding another $25,000, bringing the total director for state government relations. 18 months to craft a three-year master grant to $100,000. The ripple effect of that money has plan to guide community education Louisville is an America’s Promise had long-lasting effects, too, far beyond efforts and raise the number of students GradNation community and an early the estimated half-billion payroll dollars participating in career academies within adopter of the GradNation goal to increase pushed into the area every year, and Jefferson County’s 5-Star schools. The graduation rates to 90 percent by 2020. the over $85 million in Kentucky and plan calls for a board of senior business Ford supports the program through its Indiana state and local taxes on that pay. leaders to focus on expanding employer NGL leadership team, who gives ongoing Beyond jobs, Ford has a strong engagement with the schools. Ford guidance and technical assistance during commitment of giving back to employees are working with Jefferson the implementation. They also help communities in which it does business. County’s 15 5-Star public high schools participants become part of the national Community giving from the Kentucky as part of a hands-on learning experience network of NGL communities and take Truck and Louisville Assembly plants designed to shape the schools into career- advantage of best practices, practical totaled nearly $1.6 million in 2013. themed academies. solutions, peer-to-peer mentoring, online Ford Motor Company Fund and the The objective is to raise graduation resources and program institutes. One larger Ford organization in total have rates from 76.5 percent in 2013 to 83.7 main end result is to show companies contributed $13 million since 1960. percent in 2016, and accomplish three considering the area that Ford, Louisville

36 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 33-48.indd 36 4/30/14 4:10 PM Ford recently announced it is investing $80 million and creating 350 jobs to invest in the F-Series Super Duty truck plant. Phoo by Sam VarnHagen/ Ford Motor Co.

and Southern Indiana are actively preparing students for high-skill jobs with above average wages.

Truck demand spurs growth On the employment front, Ford made more headlines by announcing it was investing another $80 million to increase production in Louisville of its F-Series Super Duty trucks at the Kentucky Truck Plant. This is on top of the over $1.2 billion investment made in KTP

and the Louisville Assembly Plant, which Motor Co. photo Sam VarnHagen/Ford produces the Escape SUV. To lock in Ford’s most recent investment trucks were the top selling vehicles in 2013. Joe Bobnar, plant and the new jobs at KTP, and to encourage Celebrating its 65th anniversary last year, manager at KTP, said, Ford to invest $800 million in new F-Series sales topped 750,000 units in “Bottom line, Kentucky developments in the next several years, the 2013, revving up to more than 70,000 sold Truck Plant builds great Kentucky Economic Development Finance in December after eight straight months of trucks. Ford is proud of Authority (KEDFA) raised sales above 60,000 vehicles per month. On the work we do here and the company’s approval average, a single F-Series pickup was sold the thousands of dedicated Joe Bobnar, for tax incentives of up to every 41 seconds in 2013, and demand workers who make it all Kentucky Truck $290 million through the continues to grow along with America’s possible.” Plant manager Kentucky Jobs Retention slow-but-steady economic recovery. The plant opened in Act (KJRA). “Building on more than 100 years of 1969 and covers around 6 million s.f. “Customer demand for Joe Hinrichs, manufacturing in Kentucky,” Hinrichs The increased demand for Super Duty F-Series Super Duty trucks Ford’s said, “we are proud to expand our trucks spurred the investment to expand is growing substantially, President of profitable growth in the region as a result production capability by 15 percent, or the Americas and the F-Series overall of our leadership in trucks and SUVs. around 55,000 more trucks annually. This is America’s best-selling truck for 37 We’re hoping we’ll continue to see growth expansion also means the creation of another years running,” said Joe Hinrichs, Ford’s in the U.S. economy and growth in truck 350 jobs to go along with the almost 4,000 president of The Americas, during the news sales that will allow us to invest even people already employed at KTP. conference announcing the expansion. further, but this takes (KTP) up to one of “This is a great day to be both ‘Ford How popular are they? The F-Series light our largest capacity plants in America.” Tough’ and a Kentuckian,” Gov. Steve Beshear said during the announcement. “For more than a century, Ford has created quality vehicles and quality jobs in the Commonwealth of Kentucky. Kentucky is already the third largest auto producing state in the country, and Ford’s expansion will push us closer to the top. I’m looking forward to seeing even more Kentucky-made Ford F-Series pickups on

Sam VarnHagen/Ford Motor Co. photo Sam VarnHagen/Ford the roads and more Kentuckians back to work as a result of this investment.” Louisville Mayor Greg Fischer. appreciates the city’s relationship with the advanced manufacturing giant also. “Ford’s history is Louisville’s history – and this new investment further solidifies our 101-year partnership,” Fischer said. Kentucky’s excitement is echoed by the business community across the river from Louisville. Joe Hinrichs (right), President of the Americas, Ford Motor Company and Kentucky Governor Steve Beshear after speaking to employees, media and guests during Ford’s big announcement at its Kentucky “All of us in Southern Indiana are Truck Plant. Ford is investing $80 million and creating 350 jobs at the plant to meet surging demand for cheering for Louisville on the latest Ford F-Series Super Duty trucks. Photo by: Sam VarnHagen/Ford Motor Co. Motor Co. announcement,” said Wendy

lanereport.com One Region, One Vision 37

2014 MRGL 33-48.indd 37 4/30/14 4:10 PM FORD

Dant Chesser, president and CEO of One Southern Indiana (1si). “This is a great opportunity for Louisville and the entire region. The decision to expand jobs and payroll benefits the entire region and all of our businesses. Congratulations to all the partners involved who made this a reality: Mayor Greg Fischer, Greater Louisville Inc. leadership and the many other partners who contributed to this success. Economic Development is a team sport and it’s exciting for players and spectators when we win.” “The ripple effect of this announcement will be felt in a positive way for years to come,” said Matt Hall, and tail lights and shine a “Lincoln welcome Lincoln announced it would begin production in executive vice president for 1si. “We mat” light onto the ground by the driver’s Louisville in 2014 of the all-new MKC. applaud all the folks who brought this door – the image is the Lincoln logo, and it’s project to fruition. This is a big win for projected from under the outside mirror. Its our region and our economy.” base price will be $33,995, which is in the range of a fully equipped Escape Titanium. The University Research Project grant Another Lincoln from Kentucky The MKC, however, needs its own will be used to study the preparation The KTP already produces the Lincoln new production line. of materials used in making electrodes. Navigator full-sized SUV in addition to “Although it doesn’t The goal is to lower the cost, shorten the the Ford Expedition and F-Series trucks. share most of its development cycle and improve the quality At LAP, the Ford and Lincoln Motor Cos. underpinnings – we have and performance of future batteries. It’s the announced that the 2015 Lincoln MKC a unique brake system, first such grant given to the commonwealth small SUV will go into production also unique suspension and from Ford for research and development. alongside the popular Ford Escape compact other things – we did have Lisa Drake, The work is located within the Kentucky SUV. The MKC is Lincoln’s entry into the some facilities equipped MKC chief Energy Research Complex in Lexington. highly competitive small SUV category. in Louisville to be able to engineer Other industrial research partners include “Louisville Assembly is the home take (production of) the Kentucky-based companies such as Hitachi, of the Ford Escape and the recently new MKC product,” said Lisa Drake, Toyota, Arkema, n-Gimat and NOHMs. introduced 2015 Lincoln MKC starting the MKC’s chief engineer. “We did put “We are focusing here on how the this summer. … This type of investment substantial investment in the plant in battery electrodes are made,” said Ted Miller, not only means great things for our order to build the Lincoln, and with the Ford senior manager of energy storage workers, but for the Commonwealth of level of quality that would be needed to and materials strategy and research. “Our Kentucky and its citizens,” said Darryl compete in this segment.” collaboration with the Kentucky-Argonne Sykes, plant manager at LAP. This is a big step for Ford because Battery Manufacturing Research and While the MKC and the Escape are this market segment has been dominated Development Center is an important piece similar in size, the MKC is slightly wider largely by Audi, BMW, Mercedes and, of the battery technology puzzle.” and, fully equipped, offers far more most recently, Buick. The new MKC Miller was also instrumental in opening a amenities than the Escape. Production is meets the competition head-on with battery lab at the University of Michigan. slated to begin in the second quarter of power, luxury and comfort. “We appreciate the confidence Ford has 2014, and space was allocated for other put in us to partner with them in the area additional assembly lines when the plant More power outside the area of developing the technology for vehicle was totally revamped a couple of years ago. These three big electrification,” said Dr. Tony Hancock, This is a logical move as Ford works to announcements were executive director of the Kentucky-Argonne re-establish the Lincoln brand. The small followed in February 2014 Battery Manufacturing Research and premium utility class has grown over 200 by Ford’s awarding the Development Center. “This is yet one more percent in the last five years, and more state a $120,000 grant step toward realizing Gov. Beshear’s dream growth is predicted. Some 100 new jobs for automotive battery of making Kentucky a leader in battery could be added to handle production, but research. University Y.T. Cheng, technology. Performing this original research if predicted growth comes it could mean of Kentucky professor University will advance state-of the-art lithium ion even more jobs to meet sales demands. Y.T. Cheng will lead of Kentucky battery production.” professor The MKC features advanced technology the research. Gov. Beshear added, “Advanced in keeping with Lincoln’s luxury status. “The Ford project presents some batteries continue to play a significant One of them is called “approach detection,” unique challenges and opportunities role in the energy and economic security which senses that the vehicle’s owner is to advance state-of-the-art battery of the United States, and Kentucky is within range and headed to the vehicle. manufacturing research and leading the charge. I’m confident this Once the key fob in your purse or pocket is development, and training in Kentucky,” grant will mark the first of many more detected by the MKC, it will turn on head Cheng said. research opportunities to come.” l

38 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 33-48.indd 38 4/30/14 4:10 PM 2014 MRGL 33-48.indd 39 4/30/14 4:10 PM LOGISTICS & TRANSPORTATION A logistics powerhouse Ohio River Bridges Project will further enhance Louisville and Southern Indiana’s business assets

BY ABBY LAUB The Ohio River Bridges HE 2016 completion of the project includes the construction of two Louisville-Southern Indiana Ohio new bridges. TRiver Bridges Project will enhance the Greater Louisville area’s already favorable logistics scene. Since the river city’s founding in 1778, Louisville and logistics go hand-in-hand, as the city is within a day’s drive of two-thirds of the U.S. population from its intersection of Interstates 64, 65 and 71. And thanks to airport, waterway and railway access, Louisville is a major freight hub. But when infrastructure ages, business slows and 2013 exposed the glaring need for repairs on the area’s bridges. Earlier this year, the Federal Highway Administration submitted an updated financial plan for the Ohio River Bridges great interstate system we have here in the River Ridge hosts more than 40 Project, which includes two new bridges Louisville MSA – it’s an enhancement no companies, employs nearly 6,000 people is estimated to cost $2.36 billion. question,” said Paul Wheatley, director and has 4.5 million s.f. of buildings. It is The project – a modernization and of marketing and finance at River Ridge courting some major new tenants. rehabilitation project – includes two parts: Development Authority. “The first “We can’t force companies to invest here • The Downtown Crossing includes interchange when you come across the new but we can put our infrastructure and site in construction of a new bridge for northbound bridge will directly serve River Ridge.” a position to capitalize on the opportunities Interstate 65, renovation and reconfiguration In addition, the state of Indiana and local when they come,” Wheatley noted. of the John F. Kennedy Memorial Bridge to business partners recently came together An improved infrastructure will carry southbound I-65 and rebuilding of on a $22.5 million project recently that will continue to draw new companies and downtown interstate interchanges. link the nearby Port of Indiana-Jeffersonville expand the area’s reach on an international • The East End Crossing comprises to Indiana State Road 62, giving scale. Similarly, Worldport is credited with a new bridge and approaches eight miles unprecedented multimodal capabilities to connecting Louisville to more than 220 upriver from the Central Business District to the River Ridge area. countries and territories around the world. connect the two states’ pieces of I-265. “We are expecting some major growth, “In addition to the $2 billion that The East End Crossing will be of huge and we’ve already seen major growth from UPS has invested in Worldport and the benefit to the already burgeoning River the initial bridge announcement,” Wheatley 23,000 employees we employ in the Ridge Industrial Park in Jeffersonville. The said. “The bridges project really resonated commonwealth, we have attracted 141 6,000-acre site is immediately off of I-265. with businesses who were considering companies to move to the region to be close “From an access standpoint it’s bridging Louisville and Southern Indiana. We market to Worldport to take advantage of the global the gap between Interstate 65, 71 and 64. not only regionally and statewide, but also logistics network,” said Mike Mangeot, That increased connectivity to the already nationally and internationally.” public relations manager at UPS Airlines. Pedestrians can Water, rail and airways that pay Louisville International Airport and nearby now cross the river , are owned, operated and more conveniently developed by the Louisville Regional Airport Authority. The authority is self- HANKS to a diligent combined effort funded and derives operating revenue from between Louisville and Jeffersonville, Ind., a variety of user fees. Tand the surrounding region, the Big Four The Louisville Regional Airport Pedestrian/Bicycle Bridge spans the Ohio River to connect Louisville’s Waterfront Park with the Authority reports that in 2009 the two small-town charm of Jeffersonville. The ramp airports generated recurring economic on the Louisville side opened last year, and the impacts of more than 55,600 jobs, nearly A low grade walking ramp leads pedestrians Jefffersonville ramp is scheduled to open in 2014. $2 billion in payroll, more than $5.6 billion The Big Four Railroad Bridge sat unused for years up to the repurposed Big Four Railroad Bridge, in economic activity and more than $277 offering stunning views. and will encourage healthy recreational activities. million in state and local taxes.

40 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 33-48.indd 40 4/30/14 4:10 PM AIRPORTS The 1,057-acre Port of Indiana- TRANSIT AUTHORITY Jeffersonville, across the Ohio River from Bowman Field OF RIVER CITY (TARC) Louisville, part of the Ports of Indiana Louisville – flylouisville.com 1000 W. Broadway, Louisville, KY 40203 system. It has an 11-mile interior rail Clark Regional Airport (502) 561-1000 Sellersburg, IN – clarkregionalairport.com ridetarc.org system, access to three interstates and 3,200 feet of riverfront. Lebanon-Springfield Airport Springfield, KY – lebanonspringfieldairport.com Nearly 15 million times a Louisville is served by three Class I year, TARC connects people Louisville International Airport railroads – Canadian Pacific Railway, CSX in Greater Louisville to the flylouisville.com places they need to go. And and Norfolk Southern. CSX and Norfolk 70 percent of the time, TARC Southern provide Louisville with direct rail GENERAL AVIATION trips are for work or school. service to markets east of the Mississippi Atlantic Aviation Employers and employees, students and River and connections to the West Coast. Louisville International Airport J. Barry Barker, atlanticaviation.com social service organizations The city is one of CSX’s four regional hubs. Executive all depend on TARC for Director, TARC RIVER RIDGE DEVELOPMENT access to opportunity and INTERNATIONAL what life has to offer. TARC AUTHORITY SHIPPING COMPANIES 6200 East Highway 62, Suite 600 benefits the community by reducing traffic Jeffersonville, IN 47130 DHL congestion, energy use and air pollution. (812) 285-8979 dhl.com A strong public transportation network FedEx International means job growth, a cleaner environment and The River Ridge Development fedex.com better quality of life. Public transportation is more important than ever for a competitive. Authority owns and UPS manages the River Ridge ups.com Commerce Center, located RAIL on approximately 6,000 acres along the Ohio River in Clark PUBLIC RIVERPORTS Canadian Pacific Railway County, Indiana. It is the Port of Indiana-Jeffersonville cpr.ca Jerry Acy, mission of the River Ridge portsofindiana.com CSX Executive Development Authority as Jefferson Riverport International csx.com mandated by Indiana statutes Director, Kentucky – jeffersonriverport.com Norfolk Southern to plan, rehabilitate, redevelop, River Ridge nscorp.com and prepare the former Indiana Meade County Riverport Development Army Ammunition Plant meadecountyky.com/other_prop.htm Authority for private enterprise and TRANSIT SYSTEM development. Transit Authority of River City Louisville – ridetarc.org l

lanereport.com One Region, One Vision 41

2014 MRGL 33-48.indd 41 4/30/14 4:10 PM BUSINESS SOLUTIONS Fostering new business Nucleus a great example of how the region is spurring economic and creative growth

BY FRANK GOAD

REATER Louisville and Southern Indiana’s business climate Gis a welcoming and diverse environment, helping all businesses – from mom & pop shops to creative start- ups to large corporations – succeed and raise the bar for future growth. One of the latest examples of how businesses are being encouraged to succeed is Nucleus. It’s easy to think that once a business is solid the hard part is over. But Nucleus, the University of Louisville’s Entrepreneurship and Innovation incubator, works to help any company’s employees learn to think more progressively. Companies new and old who work with Nucleus find a wealth of business resources to help them succeed and grow. One example is the LaunchIt classes In a reflection of the growing venture capital scene, the University of Louisville is redeveloping the former Haymarket site downtown into the Nucleus incubator for life science businesses. The first of four planned – which are a training and development structures on the four-acre site is now fully leased. (Aerial photo taken during construction.) success by any standard – that have helped many startup businesses successfully their message to investors, supporters and management firm Luckett & Farley, said launch and established businesses learn the public. This goes hand-in-hand with after attending the fall 2013 LaunchIt to think more entrepreneurially. Nucleus’ their work to connect their constituents classes. “It helped me look at our current contributions go much further by also with people in the business and educational systems through a different lens and providing unique facilities and spaces that communities who share their experience, figure out how to provide more value to startups might not be able to adequately get knowledge and perhaps even their contacts our clients.” for themselves. with them. While Nucleus has a variety of “We want Nucleus to Growing economy goals, a prime set of missions is to teach be the destination site for and growing spaces entrepreneurs how to create a successful entrepreneurs, and to do To meet the growing demand for facilities business by learning to prove and improve that we are continuing and space specific to certain industries, business concepts, validate demand for to grow our programs Nucleus is developing more spaces around their products and services, and fine tune and services. We want Louisville. Besides the current Nucleus to do anything we can Vickie Innovation Park Downtown location on Brown Yates, HOLLENBACH-OAKLEY to help young, emerging President/CEO Jefferson Street, and the Market Street 13307 Magisterial Drive companies become facility that opened in 2013, a facility is Louisville, KY 40223 successful,” said Vickie Brown Yates, planned for the UofL campus adjacent to the (502) 253-1200 hollenbach-oakley.com president and CEO of Nucleus. “It used Speed School of Engineering, and further to be people went to college to get a good development is planned for the Owensboro As a 23-year veteran in job, but now we see more and more (Ky.) Innovation Park. The facilities offer commercial real estate, John people embracing entrepreneurship; and IT support, wet and dry labs, meeting and Hollenbach joined with Greg Oakley, in 1997, to that goes along with what we believe office spaces, competitive lease rates for form Hollenbach-Oakley, is a sort of business renaissance in this fledgling companies and many other things. LLC. The company is a full state. These are very exciting times, and While work is still being done to get service Commercial Real Nucleus is proud to be a part of it serving tenants in the new building on Market Estate Development and John Construction Management our state.” Street, it is fully leased out. Hollenbach, firm with a focus on clients Nucleus’ work also helps For smaller enterprises with more Partner and community. John is “intrapreneurs” – those looking for new modest needs, the iHub facility on South responsible for client and project development, ways to improve existing companies. Floyd Street is a “co-working space” that site acquisition, financing, valuation, and planning. John graduated from the University “It was unlike any business course, offers smaller, flexible arrangements and of Kentucky and is a member of location and class or seminar I’ve ever taken,” Greg access to copiers, conference rooms, national professional associations and active Buccola of Louisville architectural, with several community organizations. engineering and construction Continued on page 44

42 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 33-48.indd 42 4/30/14 4:10 PM 2014 MRGL 33-48.indd 43 4/30/14 4:10 PM BUSINESS SOLUTIONS

founded in 1995. Chair Robert Brown PUBLISHERS PRINTING COMPANY KENTUCKY EMPLOYERS’ 100 Frank E. Simon Ave. said the group averages about 150 people MUTUAL INSURANCE Shepherdsville, KY 40165 per monthly meeting, and at this point the 250 W. Main St., Suite 900 (800) 627-5801 Lexington, KY 40507 underlying issue is “critical mass, getting (800) 640-KEMI pubpress.com everyone together.” kemi.com Due to the location At Venture Connectors there is an advantages for distribution emphasis on reminding innovators that Competition in the workers’ and low utility costs in the compensation insurance people are getting funded and that “there market in Kentucky is state, Publishers Printing is money in Kentucky,” he said. On the Company couldn’t be any expected to remain stable in more successful anywhere other end, the challenge is put forth to 2014. Employers weighing other than Kentucky. And investors to continue to put money back coverage options should we want to pass those into the state and invest in promising new make certain that competing Nick Simon, advantages on to our Jon Stewart, insurance providers are ideas. Typically considered a “fly-over financially stable and President, customers. Whatever your President provide the tools necessary Publishers printing needs, we’ll deliver state” in the venture capital investment & CEO Printing a quality product with world, the commonwealth is working to to help control workers’ personalized service. Nick compensation costs. KEMI will continue buck that notion and improve innovation offering competitive rates to employers who Simon was recently inducted into the Junior and angel networks. Achievement Business Hall of Fame. control their own destiny by promoting Good things are going on, said Gene workplace safety and preventing injuries on Fuqua, executive director of the Office the job. Continued from page 42 of Commercialization and Innovation, which leads the Kentucky Cabinet for include The Voice-Tribune, Louisville and other standard office amenities. It’s Economic Development’s efforts to create Eccentric Observer, BG Magazine – Greater designed for those just getting started innovation-based business. Louisville and Louisville Magazine. In who want to network with others who, Greater Louisville’s standing as a global Southern Indiana, Southern Indiana Living like themselves, are at the starting gate of healthcare industry powerhouse is proof the magazine and News and Tribune both a new and hopefully successful venture. region has what it takes to compete. inform and entertain readers. For a list of private and public seed Following are firms that serve business Venture clubs create venture capital organizations in Kentucky, in commercial real estate, insurance and support networks visit: thinkkentucky.com/dci/dfs/ marketing. All are located in Louisville Entrepreneurs in the region also get help PrivateVentureCapitalinKY.pdf. unless indicated. from the area’s and state’s vibrant venture club network. Entrepreneurship boosters are Real estate and media COMMERCIAL PROPERTY making progress toward building a funding- choices abound MANAGEMENT FIRMS/ investment network to help start-ups find Businesses looking to relocate to the region REAL ESTATE BROKERS (OFFICE/ INDUSTRIAL/RETAIL) money to fund their business ideas. have a variety of properties – from historic The Al J. Schneider Co. The oldest venture club in the state downtown structures, to state-of-the-art aljsco.com is Venture Connectors of Louisville, business parks and suburban storefronts – AmStar Inc. to choose from at reasonable prices. amstarinc.com OFFICE RESOURCES, INC. People who live in Greater Louisville 816 East Broadway Baker Commercial Real Estate Louisville, KY 40204 and Southern Indiana have countless Jeffersonville, IN – bakercre.com (502) 589-8400 cultural endeavors to choose from, Cassidy Turley including sporting events, a diverse cassidyturley.com Office Resources, Inc. arts scene, plentiful outdoor activities CBRE/Louisville (ORI) is Kentucky’s largest cbre.com/louisville and leading provider of and world-renowned food choices. high performance work They can choose to live in modern lofts Commercial Kentucky Inc. environments with offices, overlooking the Ohio River or in historic commercialkentucky.com showrooms and warehouses Victorian homes. The area’s housing Commonwealth Commercial Real Estate located in Louisville, ccre.biz Nicholasville/Lexington, market has remained stable despite tough George R. Bell, national economic challenges. The Dahlem Realty Co. Inc. President Frankfort and Bowling dahlem.com Green. These residents can be reached through & CEO Duane Reality & Development ORI success has a large network of news, entertainment been built on reliability; duanerealityanddevelopment.com responsiveness, great experiences and delivery and information outlets on paper, on the Duncan Commercial Real Estate LLC improve business outcomes. ORI connects Internet and over the airwaves. There are duncancre.com everything in your workplace, by creating plenty of news outlets focusing on the Exeter Property Group LLC environments that facilitate better work. When unique lifestyle niches of the area, and exterpg.com the environment works, so does everything (and everyone) else. regional and national news. A full range of Faulkner Real Estate In 2012 ORI was named a Steelcase marketing agencies is available. faulkneronline.com Platinum Dealer, one of thirty in the US for Louisville is home to the Pulitzer Fenley Real Estate strong business results, exceptional customer Prize-winning The Courier-Journal, a fenley.com service and community outreach. We have a long tradition of inspiring the way people major daily newspaper, as well as major work, heal, learn, play and live. network affiliates covering the region. Local papers and periodicals in Louisville Continued on page 46

44 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 33-48.indd 44 4/30/14 4:10 PM 2014 MRGL 33-48.indd 45 4/30/14 4:10 PM BUSINESS SOLUTIONS

NAI Walter Wagner Jr. RED7E BG MAGAZINE – Company Realtors LLC 637 W Main St. GREATER LOUISVILLE walterwagner.com Louisville, KY 40202 201 E. Main St., 14th Floor (502) 585-3403 NTS Development Co. Lexington, KY 40507 ntsdevelopment.com (859) 244-3500 Red7e is a branding and Re/Max 100 Inc. lanereport.com/bg averting firm that specializes louisvillehomesfirst.com/commercial.aspx in TV, direct mail, magazine, BG Magazine – Greater Sant Commercial Real Estate Advisors POS, billboards, radio, Louisville is a lifestyle and santcommercial.com website, transit, CRM, social career magazine geared toward media, newspaper, internet, The Schroering Co. young professionals in the social media, mobile APPs, schroering.com Greater Louisville region. Our e-blasts, trade pubs, SEO, editorial goal is to inform our Dan Semonin Commercial sponsorship, guerilla readers about the community Barbercheck semoncommercial.com marketing. It doesn’t have and the high-quality lifestyles President/EDC to be complicated. You SperryVan Ness/ Ali Turner, offered in the area. don’t have to be intimidated. Ward Commercial Group Editor, BG With an exceptionally Simplify and win with a resounding voice; louisville-commercial.com Magazine creative and educated hire Red7e. Stephen C. Gault Co. – Greater workforce, Louisville is scgault.com Louisville consistently ranked as one of the nation’s best places in the country to work, Continued from page 44 Sun Properties LLC sunprop.net start a business or raise a family. BG Magazine showcases exceptional young adults living Fortis Group in the region and the many ways available to for tiscommercial.com INSURANCE plug into a wide range of social, cultural and Fuller Commercial Real Estate AEGON professional scenes. fullerccim.com aegon.com Anchor Insurance Agency Grisanti Group Commercial Real Estate Doe Anderson Inc. anchorinsuranceky.com grisantigroup.com doeanderson.com Anthem BlueCross/ Hoagland Commercial Realtors Estes Public Relations Inc. BlueShield of Kentucky hoaglandcommercial.com estespr.com anthem.com Horizon Commercial Realty Finelight Louisville Arison Insurance Services Inc. hcrky.com finelight.com arisoninc.com The Houston Group Guthrie/Mayes Public Relations BB&T Insurance Services thehoustongroup.net guthriemayes.com insurance.bbt.com Jefferson Development Group Inc. Heartland Communications Bluegrass Family Health jeffersondevelopmentgroup.com Consultants Inc. bgfh.com Marcus & Millichap Real Estate Elizabethtown, KY heartlandcommunicate.com Delta Dental of Kentucky Inc. Investment Services Inc. Idealogy Marketing & Design deltadentalky.com marcusmillichap.com New Albany, IN idealogy.biz Humana-Kentucky Metts Company Realtors InGrid Design LLC humana.com mettscompany.com ingriddesign.com Kentucky Employers’ Mutual Insurance Mulloy Properties New West LLC kemi.com mulloyproperties.com newwestagency.com Neace Lukins OTT Communications LLC neacelukens.com ottcom.com UnitedHealthcare of Kentucky Ltd. THE LANE REPORT Peritus Louisville uhc.com 201 E. Main St., 14th Floor perituspr.com Lexington, KY 40507 Wells Fargo Insurance Power Creative (859) 244-3500 Services of Kentucky powercreative.com lanereport.com wellsfargo.com PriceWeber Marketing Zinser Benefit Service Inc. The Lane Report is Kentucky’s Communications Inc. zinserbenefitservice.com only statewide business news priceweber.com medium, keeping readers Pro Communications MARKETING AGENCIES abreast of important trends, prprocom.com deals and issues affecting the Adhawks Advertising & QtheAgency commonwealth’s economy. Public Relations Inc. qtheagency.com Founded in 1985, the monthly adhawks.com magazine circulates in all 120 Red7e Mark Green, Aha! Advertising Art & Design counties to top corporate red7e.com Editorial ahaadvertising.com managers, professionals, Sheehy & Associates Inc. Director, The Ashton Advertising entrepreneurs, business sheehy1.com Lane Report owners, and civic and political ashtonadver tising.com Stewart & Associates Inc. leaders. Two-thirds have incomes over $100,000 Bandy Carroll Hellige stewartaa.com and 96 percent rate The Lane Report a valuable bch.com source of statewide business information. StrADegy LLC Bisig Impact Group LaneReport.com presents continuous yourstradegy.com bisigimpactgroup.com updates throughout every business day, and the Vest Advertising Creative Alliance Inc. free FasterLane email blast goes out statewide. vestadvertising.com Market Review of Greater Louisville and Southern cre8.com The Vimarc Group Inc. Indiana is one of many Lane Communications Current360 vimarc.com l specialty publications. current360.com

46 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 33-48.indd 46 4/30/14 4:11 PM 2014 MRGL 33-48.indd 47 4/30/14 4:11 PM HEADQUARTERS

Louisville is home to several fortune 500 Companies, including Humana, Yum! Brands and Kindred Health.

An international landscape Powerful worldwide businesses call Louisville and Southern Indiana home

OUISVILLE’S strategic Atlas Machine & Supply Inc. First Savings Financial Group location, supportive Bachman Auto Group Clarksville, Ind. business and political Baptist Health Firstsource Solutions L USA LLC climate, educated workforce Beach Mold & Tool Inc. New Albany, Ind. Heaven Hill Distilleries Inc. and strong quality of life factors Bardstown, Ky. make it an ideal location for Brown-Forman Corp. Henderson Services LLC companies to locate their Cafe Press Inc. Humana Inc. headquarters. Here is a list of Caldwell Tanks Inc. Icap Energy LLC the headquarters you can find Churchill Downs Inc. in Louisville. Non-Louisville ILPEA Industries Inc. Community Bank Scottsburg, Ind. locations are noted. Shares-Indiana Papa John’s International Inc. is based New Albany, Ind. Industrial Services in Louisville. of America AAF International Farm Credit Services of Mid-America Kentucky Association – Allied Ready Mix Electric Co-Op Sam Swope Auto Group LLC Company LLC Fastline Publications Inc. Jeffersontown, Ky. Buckner, Ky. Kentucky Lottery Corp. Samtec Inc. Almost Family Inc. Kentucky Trailer First Capital Inc. New Albany, Ind. Appriss Inc. Corydon, Ind. Kindred Healthcare Inc. SGS International Inc. LG&E and KU Energy LLC Signature Health Care LLC Luckett & Farley State Fair Board Architectural Engineers Stites & Harbison PLLC Miller Transportation Inc. S Y Bancorp Inc. North Atlantic Holding Company Inc. Sypris Solutions Inc. ORR Corp Inc. Texas Roadhouse Inc. Papa John’s International Inc. Thorntons Inc. PharMerica Corp. Whayne Supply Company Porter Bancorp Inc. Wyatt Tarrant & Combs LLP Republic Bancorp Inc. Yum! Brands Inc. UPS Airlines has corporate offices in Louisville. Rescare Inc. Zoeller Company l

48 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 33-48.indd 48 4/30/14 4:11 PM 2014 MRGL 49-64.indd 49 4/30/14 4:11 PM ARTS & CULTURE A nationally known artistic haven Greater Louisville and Southern Indiana are alive with art, energy and talent

OUISVILLE is one of only 12 American cities that boasts all five Lmajor types of professional arts organizations – ballet, orchestra, opera, theater and children’s theater. It also has a strong history of visual arts and artisanal craftspeople. Now in the midst of a $60 million- plus three year-expansion, the is being completely re-imagined inside and out. Kentucky’s oldest and largest art museum has a collection that spans 6,000 years and is being transformed with a completion date of early 2016. Substantial in scale and even more remarkable in design and potential, the expansion will bring the museum’s total space to 200,000 s.f. The project plans also include an indoor/outdoor café, a gift shop and an events pavilion. Crews are working at Speed, which was staircase that will all contribute to make The Kentucky Center for the Performing Arts in Speed one of the finest experiential art downtown Louisville is home to many of the city’s founded in 1925, to complete the finishing major arts organizations. touches on the ground floor architectural museums in the nation. concrete elements. The structural steel Louisville also is home to the Southern Indiana for outdoor concerts is being erected for the second floor, Kentucky Center for the Performing and festivals. and café canopy. The South Building is Arts, which plays host to the Louisville The entire region features something making progress as well with the pouring Orchestra, Kentucky Opera, Louisville for all interests and includes these of concrete foundations and theater Ballet, Stage One Family Theatre and activities, organizations and centers. All walls. Interior demolition is beginning PNC Bank Broadway Across America- are located in Louisville unless indicated. in preparation for the renovation of Louisville. The center’s three theaters the selected spaces including the grand are showcases for the performing arts Actors Theatre of Louisville and overflow with entertainment from actorstheatre.org Broadway to blues. Blue Apple Players This year, Kentucky Opera is blueappleplayers.org launching a bold new season and in the Carnegie Center for Art & History words of general director David Roth the New Albany, IN – carnegiecenter.org company “isn’t playing it safe” any longer. CenterStage at the The 2014-2015 season is focusing on Jewish Community Center rare and new operas instead, including jccoflouisville.org Beethoven’s solo opera “Fidelio” and Central Kentucky Community Theatre Puccini’s “La Fanciulla del West.” Springfield – centralkytheatre.com “We want to produce works by the Clarksville Little Theatre Clarksville, IN – clarksvillelittletheatre.org great masters that have never been StageOne Family Theatre produced by Kentucky Opera,” says Roth. stageone.org ”And we want to produce new works, but Derby Dinner Playhouse specifically we want the focus on works Clarksville, IN – derbydinner.com that speak to the American experience – The Filson Historical Society operas that tell the American story.” filsonhistorical.org Also, the Arts & Cultural Attractions Glassworks Council, part of Greater Louisville Inc., is louisvilleglassworks.com working to serve the people of Louisville Hidden Hill Nursery & Sculpture Garden and Southern Indiana through a diversity Utica, IN – hiddenhillnursery.com Clark Capps photo of arts and cultural attractions. Humana Festival of New American Plays The Actors Theatre of Louisville, home of the New Albany’s Riverfront Theater, Actors Theatre of Louisville nationally renowned Humana Festival of New actorstheatre.org/ American Plays, was founded in 1964 and designated owned by the City of New Albany, is a humana-festival-of- new-american-plays/ as the “State Theater of Kentucky” in 1974. visually pleasing popular destination in

50 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 49-64.indd 50 4/30/14 4:11 PM Iroquois Amphitheater iroquoisamphitheater.com Juneteenth Legacy Theatre juneteenthlegacytheatre.com The Kentucky Center for the Performing Arts kentuckycenter.org Kentucky Opera kyopera.org Kentucky Shakespeare kyshakespeare.com Louisville Ballet louisvilleballet.org The Louisville Chorus louisvillechorus.org Abbey Road on the River Louisville Visual Art Association louisvillevisualart.org Louisville Memorial Auditorium A 2014 festival mecca louisvillememorialauditorium.com OUISVILLE’S reputation in the world may The Kentucky State Fair Louisville Orchestra be for the Kentucky Derby and all of its kystatefair.org louisvilleorchestra.org Lcorresponding parties and events, but the city This year, watch for the 108th annual Kentucky Louisville Youth Choir comes alive for many events across the calendar. State Fair to kick off on August 14-24. louyouthchoir.org First organized in 1816, the fair didn’t become official until 1902 and, after traveling Mellwood Arts & Entertainment Center Abbey Road on the River from city to city, it settled in Louisville where mellwoodartcenter.com arotr.com What makes you say “yeah, yeah, yeah,” is the today it has a permanent home at the 520-acre New Albany Riverfront Amphitheater May 22-26 Abbey Road on the River festival Kentucky Exposition Center. New Albany, IN – cityofnewalbany.com celebrating the Beatles. This is held at Belvedere As in past years, the fair’s huge popularity is Paul W. Ogle Cultural Festival Park, the Galt House Hotel, and the expected to draw some 600,000 visitors during & Community Center Muhammed Ali Center. The celebration represents the fair’s traditional two-week run in August. New Albany, IN – oglecenter.ius.edu the 10th anniversary of Abbey Road on the River in PNC Broadway Across America- Louisville, and the 50th anniversary of Beatlemania. Forecastle Music Festival Louisville The Beach Boys will join over 60 other international forecastlefest.com louisville.broadway.com music acts in tribute to the Beatles Forecastle, held July 18-20 at Louisville’s 85- acre Waterfront Park, is one of the country’s River City Drum Corps most anticipated summer festivals. Founded in Cultural Arts Institute Worldfest 2002 by Louisville native JK McKnight, it has The Stephen Foster Story louisvilleky.gov/globalization/worldfest grown from a neighborhood event to one of the Bardstown, KY – stephenfoster.com WorldFest, one of the region’s largest international festivals, celebrates its 11th country’s most anticipated summer festivals, St. James Court Art Show anniversary with four days of world food, music, drawing tens of thousands. stjamescourtartshow.com dance and education. This event is held on The 21c Museum Belvedere from Aug. 29-Sept. 1. IdeaFestival 21cmuseum.org From the city’s website: “WorldFest is one of ideafestival.com University of Louisville the region’s largest international festivals. With Founded in 2000, IdeaFestival is a celebration Department of Theatre Arts at least 90 languages spoken in the Louisville for the intellectually curious. It will be held louisville.edu/theatrearts/ public schools and 50 percent of the city’s on Sept. 30-Oct. 3 in Louisville. It’s an eclectic population growth over the past 15 years coming network of global thinkers and one-of-a-kind Walden Theatre from international residents, Louisville is more innovators bound together by curiosity about waldentheatre.org culturally diverse than ever before.” what is shaping the future of the arts, business, W.L. Brown Theatre technology, design, science, philosophy and kentuckycenter.org/aboutus/browntheatre l St. James Art Festival education. stjamescourtartshow.com The content of IdeaFestival is as diverse as The St. James Court Art Show® is a juried fine the network itself – presentations range from arts and fine crafts show held in Louisville on the discussions about life before life to the existence first full weekend of October. The 57th Annual of parallel universes; from global politics to the St. James Court Art Show features more than philosophy of randomness; from disruptive 700 artists in Historic . innovation to living to be 250 and beyond. In the words of one participant, “At IdeaFestival, seemingly unrelated topics offer surprising Christmas at the Galt House relationships and insights.” christmasatthegalthouse.com/ Christmas at the Galt House has a variety of new Christmas events in downtown Louisville Kentucky. Bring the family and enjoy holiday events like the kdf.org KaLightoscope attraction, a Gingerbread House The Kentucky Derby Festival oversees the top- Contest and a visit with Santa Claus. Experience attended events in the week leading up to one of the Kentucky’s best Christmas event at the Galt House top thoroughbred horse racing events in the world. hotel in downtown Louisville. Thunder Over Louisville has become one of the key fixtures. It is the nation’s largest annual fireworks event and one of the top five air shows. IRONMAN Louisville With more than 70 events attended by more ironman.com than 1.5 million people, the festival includes a large Centered around the historic Ohio River, half marathon, Pegasus Parade and old-fashioned Louisville is one of the most vibrant IRONMAN steamboat race. Louisville Glassworks offers, classes, demonstrations venues on the circuit. It will be held on Aug. 24, and more unique visitor opportunities. sponsored by Norton Sports Health. —Dawn Yankeelov

lanereport.com One Region, One Vision 51

2014 MRGL 49-64.indd 51 4/30/14 4:11 PM EDUCATION

Representatives from 55,000 Degrees Count Me In Partner Organizations hold up signs displaying their Count Me In! pledges. Workforce development drives growth Education support initiatives are energizing economic opportunity – and Louisville’s future

BY ANNE SABATINO HARDY work. All the real estate and incentives in The goal of 55,000 additional the world don’t matter if you don’t have degrees by 2020 is a lofty one, but one ORKFORCE Development the people to do the business.” those involved in the program believe has been an economic growth GLI recently used its prestigious Silver is attainable – even though data in a Wbuzzword for some time Fleur de Lis award to further incent and progress report released in late 2013 now, but businesses and educational expand the investment it’s making in indicate the program is lagging slightly. institutions in Louisville and Jefferson regional education. Wheeler and others believe the finding County are partnering like never before “As the main business leadership in has pushed stakeholders to innovate and to turn buzz to biz. Louisville, GLI gives awards to folks who identify additional demographic to target. make the community better, the quality “We’re not on track of life better and the business community yet, but we have turned better, so this was a no-brainer,” Reddish the corner,” she said. said. “55K is coming up on four years (of “We need to accelerate. activity), so we are well past the ideas phase We don’t have enough From the 55,000 Degrees program – a and into implementation, and now some people, demographically public private partnership to boost the positive results are coming back. We wanted speaking, in the traditional Mary Gwen region’s college grad numbers – to efforts to honor (Executive Director) Mary Gwen (K-12) pipeline. We have Wheeler, by the Jefferson County Public Schools, and Mayor Greg Fischer. My hope is that to reach out to those who Executive increased education of the local population it’s wildly successful, and we celebrate and have started (work on) a Director, 55,000 has become an important priority across the throw a bigger party in 2020.” degree but not completed Degrees board, says James Reddish, vice president Mary Gwen Wheeler is executive it, or who only have a for economic and workforce development at director of 55,000 Degrees, a position high school diploma. We want to create a Greater Louisville Inc. (GLI). she accepted following her work with community of lifelong learning.” “Fundamentally, we look at education longtime former Mayor Gerry Abramson Reddish agrees. as a key driver of economic development on policy and initiatives focused on youth “It’s important to know that in 2012 and workforce development,” Reddish and education. She is also a member of there was a slight setback. If you look at said. “If a company isn’t asking me about the Kentucky Board of Education. the trends, we are not on track to get to workforce development, they’re not “There’s no question – look at any data where we need to be on a straight line. serious. If they’re thinking about where – to be globally competitive, you have to We’re just below that, but it should be do I want to grow and invest, they’re have an educated population and creative exponential (growth) rather than straight- thinking about the people who can do the people,” Wheeler said. line,” Reddish said. “But we are at the

52 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 49-64.indd 52 4/30/14 4:11 PM highest percent of adults with bachelor’s Generation program to develop career degrees in the city’s history. There’s been themes and opportunities for maximum great improvement from 2012.” preparation, even from a young age. Environment and socio-cultural “Skills developed as early as considerations, Reddish notes, must be kindergarten can impact a student’s a part of the overall framework to find ability to achieve throughout their life,” success, a point Wheeler agrees with. Anderson said. “For education and “There’s a social justice aspect to it – that workforce to thrive, it is necessary to everyone should be prepared for and have have laser focus on developing potential The 55,000 Degrees program had access to the jobs of the future,” she said. at even the earliest of grade levels as well a public bus campaign. “We want everyone to have the opportunity as assisting students in the development to pursue their goals and dreams. And we all of a career pathway later in school.” Indiana Tech thrive when that opportunity is present, like The Ford Next Generation program is Campuses in Louisville and Jeffersonville, IN the saying, ‘All boats rise together.’ ” pushing educators and student alike to learn indianatech.edu Broad environmental concerns include better how to develop high school career- Indiana University Southeast not only the socio-economic disparities focused experiences that integrate academic New Albany, IN – ius.edu the metro area faces but the environment content with real-world applications. Indiana Wesleyan University indwes.edu of prioritizing, accepting and encouraging “JCPS students have more opportunity ITT Technical Institute adult learning – especially by employers. now to connect their learning to career itt-tech.edu That’s why GLI is also working with business opportunities in our community and to Ivy Tech Community College of Indiana partners to help find ways that employees the education pathway that will allow Sellersburg, IN – ivytech.edu can feel supported by their employers while them to reach their goals,” Anderson said. Jefferson Community pursuing continuing education. For every student, strengths and goals and Technical College “GLI took on a commitment of vary. Opportunities are opening in different Campuses in Carrollton, KY; Louisville; 15,000 degrees. We targeted returning segments of the economy, including Shelbyville, KY; Shepherdsville, KY jefferson.kctcs.edu adults (coming back to college), those advanced manufacturing especially. The Lindsey Wilson College who may be stuck at current level and economic growth plans of Louisville and Columbia, KY – lindsey.edu want that degree to qualify for the next Lexington’s cooperative Bluegrass Economic Louisville Bible College step,” said Reddish. “We have a program, Advancement Movement (BEAM) initiative louisvillebiblecollege.org Degrees at Work, that was funded by focus on development of careers and jobs in Louisville Seminary Lumina Foundation in Indianapolis manufacturing – and JCPS wants to prepare lpts.edu to help educate businesses about why students for any opportunity in the future, McKendree University education is important and engage them and everyone needs to be on board. Campuses in Louisville and Radcliff, KY in getting employees back to work. In fact, the success of the program so ky.mckendree.edu We want to share information about far could be attributed to the multilevel National College tuition reimbursement and industry best participation from businesses, government, national-college.edu practices, and connect employees with educational institutions and the community Northwood University northwood.edu correct postsecondary institutions and at large. Ottawa University-Indiana track them through the degree program.” “The district has put a greater Jeffersonville, IN – ottawa.edu The return on investment for business, emphasis on school readiness,” she said. Purdue University – College she said, is indirect but significant. “Which enlists families, caregivers, faith- of Technology at New Albany “We look at economic development and based groups and others in preparing New Albany, IN – tech.purdue.edu/new-albany/ the mayor’s goals and GLI’s goals. We want even our youngest students with the Simmons College of Kentucky Louisville to grow with the right kind of necessary skills to be successful when simmonscollegeky.edu jobs, the higher paying, long-lasting jobs. they walk in the school door.” The Southern Baptist And when we talk to people who may be Theological Seminary sbts.edu bringing jobs out of (Washington) D.C., ATA College ata.edu Spalding University Boston, Northern California, they want to spalding.edu know if they can find similar workforce Bellarmine University bellarmine.edu Spencerian College talent. With 55,000 Degrees, we can point spencerian.edu to the progress and say these are the right Brown Mackie College brownmackie.edu St. Catharine College kind of degrees for your business.” St. Catharine, KY – sccky.edu Campbellsville University Campbellsville – campbellsville.edu Strayer University Early education strayer.edu Campbellsville University- crucial prerequisite Louisville Center Sullivan University “What we learned through the first Campuses in Fort Knox, KY; Louisville – Daymar College sullivan.edu couple of years of Degrees at Work is how daymarcollege.edu important K-12 is, even to Pre-K,” Reddish University of Louisville Embry-Riddle Aeronautical University louisville.edu said. “And now we’re working together and erau.edu University of Phoenix saying, how can we support this effort?” Galen College of Nursing phoenix.edu/louisville galencollege.edu Deborah Anderson, engineering career Webster University theme specialist for Jefferson County Public Hanover College Campuses in Louisville, Radcliff-Fort Knox, KY – Schools, has worked with the Ford Next Hanover, IN – hanover.edu webster.edu l

lanereport.com One Region, One Vision 53

2014 MRGL 49-64.indd 53 4/30/14 4:11 PM UTILITIES & ENERGY Innovating in the face of cost-cutting Utilities companies like Louisville Water are using their history and location to make money

ENTUCKY’S industrial power costs are lower than any other state Keast of the Mississippi, according to the state’s Cabinet for Economic Development, but staying comfortable is not what area utility companies are content to do. Louisville Water Co. has an unlimited water source but constantly looks for ways to keep costs down in the midst of increased conservancy efforts by its consumers. A unique Louisville Water innovation came in early 2014 when it opened a museum, said Kelley Dearing Smith, strategic communications and government relations director. “It’s really truly like we opened up a new business,” she said. “But the nice thing is we already had the pieces together to go in the exhibit.” The company turned 150 years old and still has its original pumping station, which Metro Sewer District, it is combining its Louisville Water Company recently opened the is a national historic landmark. It underwent back office support functions. WaterWorks Museum at Park. interior restoration to prepare it to become A changing economy means people the site of the museum, where not only a are using less water. facility, which will create hundreds of jobs, permanent history exhibit was installed but “Louisville used to be a blue-collar including construction jobs. event space is now available for rental. workforce, and there were a lot of jobs in Earlier this year the company “The concept is something we have Louisville that used a lot of water,” Dearing requested approval to build the NGCC worked on for the last three or four years. Smith said. “Our customer base has really generating unit and solar facility on Louisville Water Co. has a very rich changed, and part of the challenge of the existing properties. archive collection,” Dearing Smith said. water company has been to maintain these Because of increased federal Calling the new business a “no brainer” low rates but also control costs and look for environmental regulations, LG&E/ for the company, she said it will provide a new lines of business.” KU previously announced it would be new source of revenue while providing a The company’s average daily water retiring 800 megawatts of older coal-fired tourist attraction. Visitors can go inside the delivery in 2013 was 116 million generation – at Cane Run, Green River picturesque Louisville Water tower. gallons. It is the largest water utility and Tyrone stations – and building a The company is increasing revenue in company in Kentucky. 640-megawatt NGCC unit at Cane Run. other ways, too. Working with Louisville Companies are being smarter with In October, the companies announced their water consumption, forcing plans to build a second NGCC and a LOUISVILLE WATER COMPANY Louisville Water to diversify. photovoltaic solar facility, following 550 S. 3rd St. Louisville, KY “We are very focused on a year-long review of proposals to (502) 583-6610 regionalization,” she said, noting it is address the remaining unreplaced power louisvillewater.com now working with companies in Hardin generation and long-term load growth. County, Fort Knox and Lebanon Junction. LG&E/KU evaluated bids that included Louisville Water began in 1860 as Kentucky’s first “We are very focused on sending water renewable energy, existing energy within public water provider and outside of our immediate area. We have Kentucky and building new generation. today serves over 850,000 excess capacity with the (Ohio) River, and After careful analysis, building a second people in Louisville Metro we can still produce a lot more. NGCC at the existing Green River site near and parts of Bullitt, Nelson, Oldham, Shelby and Spencer Some regionalization efforts are paying Central City in Western Kentucky proved to James H. counties. Louisville Water off, and more deals are on the horizon. be the best long-term solution for baseload Brammell is known for quality and generation. The new unit is expected to add innovation; “Louisville President & LG&E and KU to build new facilities 700 megawatts of capacity and cost about pure tap®” was named the CEO People’s Choice for best- Power provider Louisville Gas & Electric $700 million to construct. The companies Louisville tasting tap water in America. and Kentucky Utilities is planning to will seek to construct a 10-megawatt solar Water Company build a second natural gas combined- facility costing $36 million at the E.W. cycle generating station and a solar power Brown generating station near Harrodsburg.

54 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 49-64.indd 54 4/30/14 4:11 PM “Due to the produced in the state; and careful LOUISVILLE GAS AND ELECTRIC more stringent regulation of rates and services by the COMPANY AND KENTUCKY environmental Kentucky Public Service Commission. UTILITIES COMPANY regulations, we Natural gas costs in Kentucky are 220 West Main Street Louisville, KY 40202 are planning to competitive for both the industrial and (502) 589-1444 retire six of our commercial sectors. A large majority of lge-ku.com older coal-fired gas consumed in the state is obtained units, which from the interstate pipeline system Louisville Gas and Electric Company and Kentucky will require running between the Gulf Coast and the Utilities Company are part of us to build Northeast, which passes directly through the PPL Corporation family of additional Kentucky. The remainder of the natural companies. LG&E and KU are units,” said Ed gas used in the state is produced by wells regulated utilities that serve a total of 1.2 million customers Staton, vice in the Kentucky coalfields. and have consistently ranked president of Vic Staffieri among the best companies for Chairman, state regulation Atmos Energy customer service in the United CEO and and rates. LG&E and KU is in the midst atmosenergy.com States. LG&E serves 321,000 President, natural gas and 397,000 of building a new $700 million Columbia Gas of Kentucky The utilities LG&E and KU electric customers in Louisville power facility. columbiagasky.com intend to have Energy LLC and 16 surrounding counties. the solar facility online in 2016 and the Delta Natural Gas Company Kentucky Utilities serves NGCC unit online in 2018. If approved, deltagas.com 543,000 customers in 77 Kentucky counties and five counties in Virginia. The companies LG&E and KU’s generation capacity will be Equitable Gas equitablegas.com define themselves by their dedicated employees, 59 percent coal-fired, 40 percent natural corporate citizenship and commitment to Hardin County Water District No. 1 customer satisfaction. Both companies celebrated gas-fired and 1 percent renewable. hcwd.com their centennial anniversaries in 2013. Power companies in Kentucky have an Hardin County Water District No. 2 edge on economic development. Favorable hardincountywater2.org Louisville/Jefferson County energy rates can be attributed to several Kentucky American Water Metropolitan Sewer District factors such as the abundance of local amwater.com/kyaw/ msdlouky.org coal supply, with Kentucky third in the LG&E and KU Energy Louisville Water Co. lge-ku.com nation in coal production; a good history louisvilleky.gov/LWC with coal-fired generating plants, which Touchstone Energy Cooperatives have generated nearly all the electricity touchstoneenergy.com l

lanereport.com One Region, One Vision 55

2014 MRGL 49-64.indd 55 4/30/14 4:11 PM MEETINGS, CONVENTIONS & ATTRACTIONS A cultural mecca with great facilities Louisville is a not-to-miss destination and convention city

OUISVILLE boasts a reputation as “a lively, offbeat cultural mecca on the The Kentucky International Convention Center is set to LOhio River,” according to the world’s undergo a major renovation. most successful travel publisher Lonely Planet, when it named Louisville the top U.S. travel destination in 2013. With facilities like the $238 million KFC Yum! Center in downtown Louisville and the Kentucky Exposition Center situated within sight of the Louisville International Airport, it’s no wonder the city attracts so much attention in the meetings and conventions world, as well as entertainment and leisure. Now undergoing an expansion and renovation at its downtown location, The Kentucky International Convention Center’s expansion and renovation is expected to generate more than $53 million annually in economic dollars and increase the total number of jobs at the Abraham Lincoln Birthplace Corydon Capital State Historic Site National Historic Site Indiana’s first state capital facility to more than 1,000. Symbolic cabin of Lincoln’s birth Corydon, IN – Originally built in 1977, the facility Hodgenville, KY – nps.gov/abli indianamuseum.org/sites/cory.html has received funding for this project American Printing House for the Blind Culbertson Mansion State Historic Site from a blend of state-issued bonds, and Factory and museum Built by Indiana’s wealthiest man in 1867 financial backing from the Louisville aph.org/museum New Albany, IN – Convention and Visitors Bureau plus Beck’s Mill indianamuseum.org/sites/culb.html the proceeds from a one-percent local Restored late 1800s mill Falls of the Ohio Foundation Salem, IN – becksmill.org Ancient fossil beds transient room tax. The 300,000-s.f. Belle of Louisville/Spirit of Jefferson Clarksville, IN – fallsoftheohio.org KICC is a multi-use facility in Louisville Steamboats Farmington Historic Plantation and along with the Kentucky Exposition belleoflouisville.org Home to prominent Speed Family Center, hosts major conventions for the Bernheim Arboretum historichomes.org/Farmington/ area. The state project now underway will and Research Forest Flame Run Glass Studio and Gallery have RFPs issued through the Kentucky Nature preserve Glassblowing studio Clermont, KY – bernheim.org flamerun.com Finance and Administration Cabinet Blackacre State Nature Preserve Forecastle Festival and the architect/design group will be and Historic Homestead Music, art, activism selected in summer of 2014. A timeline of Home dates to 1785 forecastlefestival.com the project will be available next year. blackacreconservancy.org Fort Duffield The expected economic impact of an The Brennan House Union stronghold during Civil War improved KICC and the growing impact of Historic home and gardens West Point, KY eclectic tourist areas like the East Market thebrennanhouse.org Fourth Street Live! District and Bardstown Road will continue Bullitt County History Museum Downtown dining, entertainment, shopping In old courthouse 4thstlive.com to enhance Greater Louisville. And thanks Shepherdsville, KY – bullittcountyhistory.org Frazier History Museum to the Big Four Railroad Bridge being Carnegie Center for Art & History fraziermuseum.org connected to Southern Indiana, visitors Includes multimedia experience General George Patton will be able to cross the Ohio River by foot, New Albany, IN – carnegiecenter.org Museum of Leadership catching breathtaking views from high Cathedral Gardens Cavalry and armor history above the river. Fountains, lakes, statuary Fort Knox, KY – generalpatton.org Following are some of the are’s most Henryville, IN – cathedralgardens.com Homesite popular meeting and convention facilities, Replica of cabin built in 1803 cavehillcemetery.com Clarksville, IN – fallsoftheohio.org along with a list of major attractions and Churchill Downs Gheens Science Hall events. All are in Louisville unless indicated. Home of the Kentucky Derby and Rauch Planetarium churchilldowns.com At the University of Louisville Abbey Road on the River Conrad-Coldwell House Museum louisville.edu/planetarium World’s largest Beatles festival Home celebrates Edwardian Age abbeyroadontheriver.com conrad-coldwell.org

56 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 49-64.indd 56 4/30/14 4:12 PM The Bernheim Arboretum and Research Forest, located 25 miles south of downtown Louisville, was established in 1929 and includes miles of scenic trails and park area.

Harvest Homecoming Festival Family-oriented activities New Albany, IN – harvesthomecoming.com Historic Old Louisville Neighborhood of Victorian architecture oldlouisville.org Howard Steamboat Museum Located in mansion built in 1894 Jeffersonville, IN – steamboatmuseum.org Huber’s Orchard, Winery & Vineyards Starlight, IN – huberwinery.com Ironman Louisville triathlon ironmanlouisville.com John Hay Center Kentucky State Fair Mt. Zion Covered Bridge Washington County, IN, history kystatefair.org Built in 1871 Salem, IN – johnhaycenter.org Lanier Mansion Springfield, KY – Joe Huber Family Farm & Restaurant Greek Revival showplace www.kentuckytourism.com/ things_to_do/ Taste of the farm Madison, IN – indianamuseum.org/sites/lani.html mt-zion-covered-bridge/4258/ Starlight, IN – joehubers.com Lebowski Fest Kentucky Center for For fans of “The Big Lebowski” International education center African American Heritage lebowskifest.com alicenter.org History, heritage, cultural contributions Light Up Louisville Museum Row on Main kcaah.org Downtown holiday activities Nine downtown attractions Kentucky Crossroads Harvest Festival louisvilleky.gov/MetroParks/ museumrowonmain.com Springfield, KY – specialevents/LUL_2010/ My Old Kentucky Dinner Train springfieldkychamber.com/harvestfestival.php Lincoln Heritage Trail 2-hour train excursion Kentucky Derby Festival Sites connected to U.S. President Bardstown, KY – kydinnertrain.com Two-week community celebration kylincolntrail.com My Old Kentucky Home State Park kdf.org Lincoln Heritage Scenic Highway Bardstown, KY – Kentucky Derby Museum Explore Kentucky history parks.ky.gov/parks/recreationparks/ At Churchill Downs byways.org/explore/byways/2348 old-ky-home/default.aspx derbymuseum.org Lincoln Homestead State Park Oscar Getz Museum Kentucky Museum of Art and Craft Site of Lincoln’s parents’ marriage Whiskey and Bardstown history Promotes traditional arts Springfield, KY – Bardstown, KY – whiskeymuseum.com kentuckyar ts.org stateparks.com/lincoln_homestead.html Patriots Peace Memorial Kentucky Railway Museum Locust Grove Honors fallen servicemen/women 22-mile train excursion National Historic Landmark patriotspeacememorial.org New Haven, KY – kyrail.org locustgrove.org Ribberfest Kentucky Science Center Louisville Bats Barbecue & blues music Hands-on science center Triple A affiliate of the Cincinnati Reds Madison, IN – madisonribberfest.com kysciencecenter.org louisville.bats.milb.com/index.jsp?sid=t416 Schimpff’s Confectionery KentuckyShow! Louisville Mega Cavern Look at candy making, packaging, advertising Ashley Judd narrates 100 acres of underground passageways Jeffersonville, IN – schimpffs.com kentuckyshow.com louisvillemegacavern.com Scribner House Louisville Palace Built in 1814 Concert venue opened in 1928 New Albany, IN – louisvillepalace.com countyhistory.com/scribnerhouse Louisville Slugger Museum & Factory Squire Boone Caverns & Village Interactive baseball exhibits Cavern tours, village crafts sluggermuseum.com Mauckport, IN – squireboonecaverns.com Louisville Zoo Thomas Edison House Home to more than 1,700 animals Inventions on display louisvillezoo.org historichomes.org Madison Regatta Thomas Merton Center Boat race on Ohio River Writings of famous monk Madison, IN – madisonregatta.com mertoncenter.org Maple Hill Manor Whitehall House & Gardens Built in 1851 Victorian mansion Springfield, KY – maplehillmanor.com historichomes.org Marengo Cave Wickland U.S. National Natural Landmark Home of 3 governors Marengo, IN – marengocave.com Bardstown, KY – visitbardstown.com/wickland/ Marion County Country Ham Days Yew Dell Botanical Gardens Popular festival Crestwood, KY – yewdellgardens.org The Kentucky Derby Museum includes Lebanon, KY – Zachary Taylor National Cemetery a jockey experience. marioncountykychamber.com/hamdays.html Burial site of 12th U.S. President cem.va.gov/cems/nchp/zacharytaylor.asp l

lanereport.com One Region, One Vision 57

2014 MRGL 49-64.indd 57 4/30/14 4:12 PM JEFFERSON COUNTY, KY.

LOUISVILLE

LOUISVILLE METRO GOVERNMENT Greg Fischer, Mayor 527 W. Jefferson St. Louisville, KY 40202 (502) 574-2003 louisvilleky.gov Louisville is achieving great things Mayor LOUISVILLE OUISVILLE Mayor Greg Fischer gave a rallying cry to city residents to keep up the Greg Fischer METRO COUNCIL good work in his State of the City Address in January 2014. Jim King, President (District 10 Council Member) L “We can build bridges. In fact, I believe the men and women of Louisville 601 W. Jefferson St. can do anything,” he proclaimed. “Indeed, we must do it! Continue growing your Louisville, KY 40202 businesses, continue your acts of compassion, and make your voice heard with elected (502) 574-1110 officials. There is no challenge too larger that great citizenship cannot solve.” louisvilleky.gov/MetroCouncil Louisville, founded at the Falls of the Ohio River by Revolutionary War hero DEPARTMENT OF ECONOMIC George Rogers Clark in 1778, is where the South meets the Midwest and the world GROWTH AND INNOVATION Ted Smith, Director is welcome. The city today boasts a number of the most famous names in the sports Metro Development Center world – from Churchill Downs and the Kentucky Derby to Louisville Slugger and 444 S. 5th St., Suite 600 Muhammad Ali – and is the corporate headquarters of such giants as Humana, Papa Louisville, KY 40202 Johns, Yum! Brands, Anthem Blue Cross Blue Shield and Brown-Forman. Major (502) 574-4140 louisvilleky.gov/economicdevelopment employers include UPS Worldport, GE Appliance Park and Ford Motor Co. Indeed, the area is a haven for businesses of all sizes. OFFICE FOR GLOBALIZATION Suhas Kulkarni, Director Louisville is continuing to make big strides and has ambitious plans for the future: Metro Development Center • The city’s Give a Day program racked up more than 107,000 volunteers or acts of 444 S. 5th St., Sixth Floor kindness in 2013. Louisville, KY 40202 • A record percentage of Louisvillians, 42 percent, hold an associate’s degree or higher. (502) 574-2003 louisvilleky.gov/globalization • The city recently completed phase 2 of its Vision Louisville Plan. • “Jobs follow people” today, Fischer pointed out, and cited growth industries GREATER LOUISVILLE INC. METRO CHAMBER needing more highly skilled workers. Louisville is working on this all the way down to OF COMMERCE the grade-school level. In addition, he cited the example of Oklahoma City and how its Eileen Pickett, Interim President/CEO convention center, music hall, ballpark, trolleys and other amenities have kept up with 614 W. Main St. the lifestyle demands necessary to continue to attract good jobs and good workers. Louisville, KY 40202 (502) 625-0000 He encouraged Louisville to keep up with cutting edge cities like Oklahoma City, greaterlouisville.com Nashville, Austin and Indianapolis. Eileen Pickett, LOUISVILLE DOWNTOWN Interim “People don’t follow jobs. Jobs follow people. and people are increasingly living DEVELOPMENT President/CEO, where the quality of place is high. People are looking for the entire package – good CORPORATION Greater schools, the arts, reasonable cost of living, a beautiful natural environment, and a Rebecca Matheny, Louisville Inc. modern, diverse built economy. … Louisville has many assets, but the truth is we have Interim Executive Director One Riverfront Plaza to up our game if we are going to live up to the expectations that all of us have.” 401 W. Main St., Suite 1702 • Vision Louisville garnered “80,000” ideas, which included more hike and Louisville, KY 40202 bike opportunities, ultra high speed internet, waterfront housing, and sustainable (502) 584-6000 communities. downtowndevelopmentcorp.org • LIFT – Local Investments for Transformation – is one of Fischer’s top priorities. It is KENTUCKY CABINET about local control and gives cities and counties the options of identifying and funding a FOR ECONOMIC DEVELOPMENT Old Capitol Annex specific project or groups of projects, with the project specifications and cost identified. 300 W. Broadway • Louisville aims to fund a 100-mile recreational trail around the city. Frankfort, KY 40601 • Louisville grew by 12,000 jobs last year, meaning it regained all 42,000 that were (800) 626-2930/(502) 564-7140 lost during the Great Recession. In fact, the city has regained jobs faster coming out of ThinkKentucky.com the recession than most other American cities. ESTIMATED 2013 POPULATION: 756,832 Louisville is the county seat of Jefferson County, the most populous county in Kentucky. NO. OF HOUSEHOLDS: 303,915 In 2003, Louisville and Jefferson County merged city and county governments, MEDIAN HOUSEHOLD INCOME: $46,701 resulting in an environment that facilitates business growth and development.

58 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 49-64.indd 58 4/30/14 4:12 PM Louisville Metro Government louisvilleky.gov • MetroCall: 311 or (502) 574-5000 • E-mail: [email protected]

Attica Scott Barbara Shanklin Mary C. Woolridge David Tandy Cheri Bryant Hamilton David James District 1 District 2 District 3 District 4 District 5 District 6 Council Member Council Member Council Member Council Member Council Member Council Member

Ken Fleming Tom Owen Tina Ward-Pugh Jim King Kevin Kramer Rick Blackwell District 7 District 8 District 9 District 10 District 11 District 12 Council Member Council Member Council Member Council Member Council Member Council Member

Vicky Aubrey Welch Cindi Fowler Marianne Butler Kelly Downard Glen Stuckel Marilyn Parker District 13 District 14 District 15 District 16 District 17 District 18 Council Member Council Member Council Member Council Member Council Member Council Member

Jerry Miller Stuart Benson Dan Johnson Robin Engel James Peden Madonna Flood District 19 District 20 District 21 District 22 District 23 District 24 Council Member Council Member Council Member Council Member Council Member Council Member

David Yates Brent Ackerson Bryan Mathews Steve Conrad Gregory Frederick District 25 District 26 Judge-Executive Louisville Metro Police Member Council Member Chief Fire Chief

lanereport.com One Region, One Vision 59

2014 MRGL 49-64.indd 59 4/30/14 4:12 PM THE COUNTIES OF GREATER LOUISVILLE

ADAIR COUNTY, KY. BRECKENRIDGE COUNTY, KY. BULLITT COUNTY, KY. Estimated 2013 Population: 18,732 Estimated 2013 Population: 20,040 Estimated 2013 Population: 76,854 No. of households: 7,267 No. of households: 7,405 No. of households: 27,791 Median household income: $31,169 Median household income: $39,695 Median household income: $53,992 Chamber of Commerce: Chamber of Commerce: Chamber of Commerce: Sue Stivers, Executive Director Sherry D. Stith, Executive Director Jenny Estepp, Executive Director columbia-adaircounty.com breckinridgecountychamberky.com [email protected] County Seat: Columbia Breckenridge County Bullitt County Economic Mark Harris, Mayor United Economic Development: Development Authority: cityofcolumbiaky.com Jonathan Boyd, President/COO John Snider, Executive Director Judge-Executive: Ann Melton breckinridgeunitedky.com [email protected] County Seat: Hardinsburg County Seat: Shepherdsville Wayne Macy, Mayor Scott Ellis, Mayor hardinsburg.ky.gov [email protected] Judge-Executive: Maurice D. Lucas Judge-Executive: Melanie Roberts breckinridgecountyky.com [email protected]

Below: Jim Beam is produced in Bullitt County.

CARROLL COUNTY, KY. Estimated 2013 Population: 10,953 No. of households: 4,268 Median household income: $40,938 Chamber of Commerce: Mark Smith, President www.carrollcountyky.com Carroll County Community

Taylor Purdom/Flyte Aerial Imaging photo Purdom/Flyte Taylor Development Corporation: Robert Yoder, Executive Director carrollcountyky.com/develop/ industry.html County Seat: Carrollton Gene McMurry, Mayor carrolltonky.net Judge-Executive: Harold Tomlinson carrollcountygov.us

CLARK COUNTY, IND. CRAWFORD COUNTY, IND. FLOYD COUNTY, IND. Estimated 2013 Population: 112,938 Estimated 2013 Population: Estimated 2013 Population: 76,244 No. of households: 42,848 10,621 No. of households: 29,188 Median household income: $50,559 No. of households: 4,259 Median household income: $53,208 One Southern Indiana: Median household income: One Southern Indiana: Wendy Dant Chesser, President/CEO $40,027 Wendy Dant Chesser, President/CEO 1si.org Crawford County 1si.org River Hills Economic Economic Development: River Hills Economic Development & Regional Don DuBois, Executive Director Development & Regional Planning Commission: selectcrawfordcounty.com Planning Commission: Jill Saegesser, Executive Director Jill Saegesser, Executive Director County Seat: English riverhills.cc riverhills.cc County Commissioners: County Seat: Jeffersonville County Seat: New Albany Daniel Crecelius, Randy Gilmore, Mike Moore, Mayor Jeff Gahan, Mayor James Schultz cityofjeff.net cityofnewalbany.com www.selectcrawfordcounty.com/ County Commissioners: government.html County Commissioners: Jack Coffman, Rick Stephenson, Mark Seabrook, Stephen Bush, John Perkins, Jacob C. Elder Charles A. Freiberger co.clark.in.us floydcounty.in.gov

60 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 49-64.indd 60 4/30/14 4:12 PM GRAYSON COUNTY, KY. GREEN COUNTY, KY. HARDIN COUNTY, KY. Estimated 2012 Population: 25,964 Estimated 2013 Population: 11,180 Estimated 2013 Population: No. of households: 9,945 No. of households: 4,480 107,456 Median household income: $33,290 Median household income: $33,573 No. of households: 37,883 Chamber of Commerce: Chamber of Commerce: Median household income: $48,743 Wesley Basham, President Bill Moore, President Chamber of Commerce: graysoncountychamber.com greensburgonline.com/ Brad Richardson, President/CEO Industrial Development chamberofcommerce.asp hardinchamber.com Corporation Inc.: Green Economic Team: Elizabethtown/Hardin County Dudley Cooper, Executive Director Jackie Bennett, Co-President/CEO Industrial Foundation Inc.: growgrayson.com Finis W. Durrett, Co-President/CEO Richard A. Games, President/COO County Seat: Leitchfield greensburgonline.com eifky.org William H. Thomason, Mayor County Seat: Greensburg County Seat: Elizabethtown leitchfield.ky.gov Lisle Cheatham, Mayor Tim C. Walker, Mayor Judge-Executive: Gary Logsdon greensburgonline.com etownky.org graysoncounty.ky.gov Judge-Executive: Misty N. Edwards Judge-Executive: Harry L. Berry greencounty.ky.gov hcky.org

HARRISON COUNTY, IND. HENRY COUNTY, KY. JEFFERSON COUNTY, IND. Estimated 2013 Population: 39,163 Estimated 2013 Population: 15,445 Estimated 2013 Population: 32,249 No. of households: 14,368 No. of households: 6,018 No. of households: 12,725 Median household income: $52,184 Median household income: $43,083 Median household income: $43,635 Chamber of Commerce: Chamber of Commerce: Chamber of Commerce: Lisa Long, President Pat Wallace, Executive Director Trevor Crafton, Executive Director harrisonchamber.org chamber.henrycountyky.com madisonindiana.com Economic Development Corp.: New Castle-Henry County Jefferson County Darrell Voelker, Director Economic Development Industrial Development: hcedcindiana.org Commission: Nathan Hadley, Executive Director River Hills Economic Development nchcedc.org locateinmadison.com & Regional Planning Commission: County Seat: New Castle County Seat: Madison riverhills.cc Denny Benham, Mayor Damon Welch, Mayor County Seat: Corydon newcastleky.com madison-in.gov Philip Brewster Jr., Mayor County Commissioners: Robert thisisindiana.org Judge-Executive: John Logan Brent henrycountyky.com Little, Mark Cash, Tom Pietrykowski County Commissioners: George jeffersoncounty.in.gov Ethridge, Kenny Saulman, Jim Klinstiver harrisoncounty.in.gov

LARUE COUNTY, KY. MARION COUNTY, KY. MEADE COUNTY, KY. Estimated 2013 Population: 14,064 Estimated 2013 Population: 20,045 Estimated 2013 Population: 29,210 No. of households: 5,269 No. of households: 7,423 No. of households: 10,253 Median household income: $39,103 Median household income: $37,710 Median household income: $45,629 Chamber of Commerce: Chamber of Commerce: Chamber of Commerce: Krista Levee, Executive Director Stacy Mattingly, Executive Director Russ Powell, Executive Director laruecountychamber.org marioncountykychamber.com meade.k12.ky.us/chamber Lincoln Trail Area Industrial Foundation: Industrial Development Authority: Development District: Tom Lund, Manager David W. Pace, Chairman Wendell Lawrence, Executive Director marioncountyky.com meadecountyky.com ltadd.org County Seat: Lebanon County Seat: Brandenburg County Seat: Hodgenville Gary D. Crenshaw, Mayor David W. Pace, Mayor Terry L. Cruse, Mayor lebanon.ky.gov brandenburgky.org hodgenvillekentucky.org Judge-Executive: John G. Mattingly Judge-Executive: Gerry Lynn Judge-Executive: Tommy Turner marioncounty.ky.gov laruecounty.org

lanereport.com One Region, One Vision 61

2014 MRGL 49-64.indd 61 4/30/14 4:12 PM THE COUNTIES OF GREATER LOUISVILLE

NELSON COUNTY, KY. OLDHAM COUNTY, KY. SCOTT COUNTY, IND. Estimated 2013 Population: 43,947 Estimated 2013 Population: 62,364 Estimated 2013 Population: 23,972 No. of households: 16,160 No. of households: 19,446 No. of households: 9,028 Median household income: $45,149 Median household income: $83,164 Median household income: $41,610 Chamber of Commerce: Chamber & Economic Chamber of Commerce: Dorothy White, Executive Director Development: Keith Colbert, Executive Director bardstownchamber.com Deana Epperly Karem, scottchamber.org Economic Development Agency: Executive Director Economic Development Corp.: Kimberly M. Huston, President oldhamcountychamber.com Robert Peacock, Executive Director nceda.net County Seat: La Grange scottcountyin.com County Seat: Bardstown Bill Lammlein, Mayor River Hills Economic Development Bill Sheckles, Mayor lagrangeky.net & Regional Planning Commission: cityofbardstown.org Judge-Executive: David Voegele riverhills.cc Judge-Executive: Dean Watts oldhamcounty.net County Seat: Scottsburg nelsoncountyky.com William H. Graham, Mayor cityofscottsburg.com County Commissioners: Larry Blevins, Mark Hays, Robert Tobias

SHELBY COUNTY, KY. SPENCER COUNTY, KY. TAYLOR COUNTY, KY. Estimated 2013 Population: 44,216 Estimated 2013 Population: 17,637 Estimated 2013 Population: 24,649 No. of households: 15,030 No. of households: 6,234 No. of households: 9,633 Median household income: $56,417 Median household income: $62,652 Median household income: $35,054 Chamber of Commerce: Chamber of Commerce: Chamber of Commerce: Shelley Goodwin, Executive Director Jan Kehne, President Judy Cox, Director shelbycountykychamber.com spencercountykychamber.com campbellsvillechamber.com Industrial & Development Economic Development Economic Development Authority: Foundation: Authority Inc.: Ron McMahan, Executive Director Libby Adams, Executive Director Annette King, Executive Director teamtaylorcounty.com shelbycountyindustrialfoundation.com spencercountyky.gov/econdev.html County Seat: Campbellsville County Seat: Shelbyville County Seat: Taylorsville Tony Young, Mayor Thomas L. Hardesty, Mayor Don Pay, Mayor campbellsville.com shelbyvillekentucky.com spencercountyky.gov Judge-Executive: Eddie Rogers Judge-Executive: Rob Rothenburger Judge-Executive: Bill Karrer taylorcounty.us shelbycountykentucky.com spencercountyky.gov

TRIMBLE COUNTY, KY. WASHINGTON COUNTY, IND. WASHINGTON COUNTY, KY. Estimated 2013 Population: 8,816 Estimated 2013 Population: 27,780 Estimated 2013 Population: 11,875 No. of households: 3,464 No. of households: 10,757 No. of households: 4,541 Median household income: $52,805 Median household income: $41,125 Median household income: $39,748 County Seat: Bedford Chamber of Commerce: Chamber of Commerce: Russell Clifton, Mayor Adam Kelly, President Olivia Thompson, Executive Director trimblecounty.ky.gov washingtoncountychamber.org springfieldkychamber.com Judge-Executive: Jerry L. Powell Economic Growth Partnership Inc.: Economic Development Authority: trimblecounty.ky.gov Lana Sullivan, Executive Director Daniel Carney, Executive Director wcegp.org sweda.org River Hills Economic County Seat: Springfield Development & Regional John Cecconi, Mayor Planning Commission: springfieldky.org Sources: U.S. Census Bureau (census.gov) riverhills.cc Judge-Executive: John A. Settles County Seat: Salem David L. Bower, Mayor cityofsalemin.com County Commissioners: Phillip Marshall, John Fultz, David Brown

62 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 49-64.indd 62 4/30/14 4:12 PM SPORTS Louisville is a sports hub Host to world-class sporting events, the area doesn’t shy from the spotlight

BY ABBY LAUB

HE sports scene in Louisville is a diverse one, attracting hundreds Left: Churchill Tof thousands of people to the area Downs hosts the every year. Kentucky Derby The call the city every year. home and the athletics powerhouse just upped the river city’s sports ante by joining Below: The the prestigious Atlantic Coast Conference, Louisville effective this summer. In the ACC, UofL will Cardinals men’s basketball face teams like University of North Carolina, team won the Wake Forest, Virginia Tech and Notre NCAA national Dame. In 2013 the Cardinals basketball championship team won the National Championship. in 2013. But non-collegiate athletics also are prominent in the home of the Louisville rhythmic gymnastics and trampoline/ Slugger. The Louisville Bats, the Triple A tumbling events. It is expected to draw affiliate of the Cincinnati Reds play in the thousands of spectators from around the heart of downtown Louisville right next to country and the world. Waterfront Park at Louisville Slugger Field. IRONMAN also calls Louisville home. This summer, Louisville hosts the PGA First held in 2007, IRONMAN Louisville Championship at the famous Valhalla is one of the most vibrant competitions Golf Club, and the city also landed the on the iconic triathlon circuit. The 140.6- 2014 USA Gymnastics Championships, mile race takes competitors through the a new event that showcases the national area’s historic Bluegrass region, past stately championships for acrobatic gymnastics, Victorian Louisville mansions and wraps up in the heart of downtown. Last year, Louisville hosted the World Cyclocross Championships, held outside of Europe for the first time. Louisville’s Triple Crown of Running keeps the amateur athletics community running with dozens of annual events. Also, the NCAA awarded Louisville 13 NCAA post-season championships to be held from 2014 through 2018. Only Kansas City was awarded more events. l

Above: The Louisville Bats, Triple A affiliate of the Cincinnati Reds, play at Louisville Slugger Field.

The Louisville Sports Commission, a nonprofit organization, is busy bringing more events to Louisville. The organization provides leadership and support for the sports segment of inbound travel for the Louisville Convention & Visitors Bureau (LCVB) and supports quality of life Left: Louisville hosts dozens of foot races every and branding initiatives for the year, thanks in part to the Louisville Triple Crown local community through sports. It of Running. works in a partnership model with the LCVB, local universities, facility Above: IRONMAN Louisville’s 140.6-mile race operators, the hospitality industry and government agencies. finishes in the heart of downtown Louisville and attracts thousands of visitors to the city. Photo courtesy Louisville Sport Commission

lanereport.com One Region, One Vision 63

2014 MRGL 49-64.indd 63 4/30/14 4:12 PM DEMOGRAPHICS

Greater Louisville counties & principal cities served by the Kentucky Indiana Exchange

Population

Actual Estimates 1980 1990 2000 2010 2013 2015 2020 2025 Adair (Ky.) 15,233 15,360 17,244 18,656 18,732 19,391 20,052 20,622 Breckinridge (Ky.) 16,861 16,312 18,648 20,059 20,040 20,819 21,489 22,065 Bullitt (Ky.) 43,346 47,567 61,236 74,319 75,109 81,358 88,508 95,623 Carroll (Ky.) 9,270 9,292 10,155 10,811 10,953 11,140 11,440 11,691 Clark (Ind.) 88,838 87,777 96,472 110,232 112,938 109,024 111,310 112,783 Crawford (Ind.) 9,820 9,914 10,743 10,713 10,621 12,120 12,366 12,467 Floyd (Ind.) 61,205 64,404 70,823 74,578 76,244 72,830 73,569 74,173 Grayson (Ky.) 20,854 21,050 24,053 25,746 25,997 26,476 27,048 27,465 Green (Ky.) 11,043 10,371 11,518 11,258 11,180 11,217 11,112 10,943 Hardin (Ky.) 88,917 89,240 94,174 105,543 108,191 111,225 116,612 121,541 Harrison (Ind.) 27,276 29,890 34,325 39,364 39,163 40,297 41,185 41,694 Henry (Ky.) 12,740 12,823 15,060 15,416 15,445 15,706 15,915 16,037 Jefferson (Ind.) 30,419 29,797 31,705 32,428 32,249 33,570 34,209 34,842 Jefferson (Ky.) 685,004 665,123 693,604 741,096 756,832 768,000 793,817 817,427 Larue (Ky.) 11,922 11,679 13,373 14,193 14,064 14,596 14,961 15,265 Marion (Ky.) 17,910 16,499 18,212 19,820 20,045 20,637 21,424 22,152 Meade (Ky.) 22,854 24,170 26,349 28,602 29,210 29,819 30,901 31,801 Nelson (Ky.) 27,584 29,710 37,477 43,437 44,540 46,791 50,119 53,337 Oldham (Ky.) 27,795 33,263 46,178 60,316 62,364 67,412 74,990 82,306 Scott (Ind.) 20,422 20,991 22,960 24,181 23,972 25,375 25,850 26,216 Shelby (Ky.) 23,328 24,824 33,337 42,074 44,216 46,838 51,944 56,950 Spencer (Ky.) 5,929 6,801 11,766 17,061 17,637 20,157 23,655 27,189 Taylor (Ky.) 21,178 21,146 22,927 24,512 24,649 25,336 26,079 26,716 Trimble (Ky.) 6,253 6,090 8,125 8,809 8,816 9,172 9,514 9,807 Washington (Ind.) 21,932 23,717 27,223 28,262 27,780 29,413 30,015 30,436 Washington (Ky.) 10,721 10,441 10,916 11,717 11,875 12,121 12,577 12,989

Totals 1,338,654 1,338,251 1,468,603 1,613,203 1,642,862 1,668,719 1,738,084 1,801,548

Sources: Kentucky State Data Center, University of Louisville; STATS Indiana-Population Projections; U.S. Census Bureau: State and County QuickFacts

64 The Lane Report’s 2014 Market Review of Greater Louisville and Southern Indiana lanereport.com

2014 MRGL 49-64.indd 64 4/30/14 4:12 PM jm MR Cover.indd 3 4/30/14 3:50 PM We never sleep so you can.

Introducing Anywhere Care. Affordable care 24/7 by phone or webcam. When it’s not possible to see your primary care doctor, you have a new option. Anywhere Care lets you see a doctor or nurse practitioner 24/7 from home, work or anywhere in Kentucky. This isn’t just a help line. It’s a whole new concept that includes diagnosis, treatment and even prescriptions. Just call or use webcam to get the care you need anytime from anywhere. Anywhere Care. We never sleep so you can. Call 855.356.8054 or visit KentuckyOneAnywhereCare.org

jmPub: MR Cover.indd Lane 4 Report Client: KentuckyOne 4/30/14 3:50 PM Insert: Lou - Mar. 2014, Lex - Sep. 2014 Job No: KY1-43568 Size: 8.125" x 10.875" Title: AWC Female Sick